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Oil and natural gas reserves
Source: Mary Brooks and Kabir Kumar,
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The Drake Well, Titusville, Pennsylvania, 1858
(claims to be the first modern oil well ) Image source:
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Nobel Brothers Oilfield, Baku, Russian Empire (now in Azerbaijan), 1800s
Image source:
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Well No. 1, Masjid Sulaiman, Anglo-Persian Oil Company, Iran, 1908
Image source:
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The first generation of all-oil naval ships
H.M.S. Queen Elizabeth, 1915: The first generation of all-oil naval ships Image source:
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The New York Times, Aug. 1, 1913
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Mohammad Mossadeq, prime minister of Iran, 1951
“Feet first into chaos?” Source: Time, June 4, 1951,
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Mohammad Mossadeq, prime minister of Iran, 1952
“Man of the Year: He oiled the wheels of chaos.” Source: Time, January 7, 1952,
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Shah Mohammad Reza Pahlavi
“The Emperor of Oil” (1974) Source: Time, November 4, 1974,
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OPEC meeting, Tehran, Iran, 1973
Source:
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Price of a barrel of oil, 1861-2008
Source: Michael Ross, The Oil Curse (Princeton, 2012), p. 51.
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Source: The Economist, November 26, 1977, p. 82.
“The Dutch Disease” Source: The Economist, November 26, 1977, p. 82.
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Source: Foreign Affairs, Vol. 60, No. 4, 1982, pp. 814-835.
“The Dutch Disease” Source: Foreign Affairs, Vol. 60, No. 4, 1982, pp
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Source: Foreign Affairs, Vol. 60, No. 4, 1982, pp. 814-835.
“The Dutch Disease” Source: Foreign Affairs, Vol. 60, No. 4, 1982, pp
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