Oil and natural gas reserves Source: Mary Brooks and Kabir Kumar, http://people.brandeis.edu/~maryeliz/

The Drake Well, Titusville, Pennsylvania, 1858 (claims to be the first modern oil well ) Image source: http://www.drakewell.org/shop/cat5/pages/p0017.html

Nobel Brothers Oilfield, Baku, Russian Empire (now in Azerbaijan), 1800s Image source: http://azer.com/aiweb/categories/magazine/ai102_folder/102_articles/102_oil_chronology.html

Well No. 1, Masjid Sulaiman, Anglo-Persian Oil Company, Iran, 1908 Image source: http://www.geoexpro.com/history/iran

The first generation of all-oil naval ships H.M.S. Queen Elizabeth, 1915: The first generation of all-oil naval ships Image source: http://en.wikipedia.org/wiki/Queen_Elizabeth_class_battleship

The New York Times, Aug. 1, 1913

Mohammad Mossadeq, prime minister of Iran, 1951 “Feet first into chaos?” Source: Time, June 4, 1951, http://www.time.com/time/covers/0,16641,19510604,00.html

Mohammad Mossadeq, prime minister of Iran, 1952 “Man of the Year: He oiled the wheels of chaos.” Source: Time, January 7, 1952, http://www.time.com/time/covers/0,16641,19520107,00.html

Shah Mohammad Reza Pahlavi “The Emperor of Oil” (1974) Source: Time, November 4, 1974, http://www.time.com/time/covers/0,16641,19741104,00.html

OPEC meeting, Tehran, Iran, 1973 Source: http://www.opec.org/opec_web/en/50th_anniversary/697.htm

Price of a barrel of oil, 1861-2008 Source: Michael Ross, The Oil Curse (Princeton, 2012), p. 51.

Source: The Economist, November 26, 1977, p. 82. “The Dutch Disease” Source: The Economist, November 26, 1977, p. 82.

Source: Foreign Affairs, Vol. 60, No. 4, 1982, pp. 814-835. “The Dutch Disease” Source: Foreign Affairs, Vol. 60, No. 4, 1982, pp. 814-835.

Source: Foreign Affairs, Vol. 60, No. 4, 1982, pp. 814-835. “The Dutch Disease” Source: Foreign Affairs, Vol. 60, No. 4, 1982, pp. 814-835.