Must Read Industry Books
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a Saudi oil and production industry that could soon approach a serious, irreversible decline. In this exhaustively researched book, veteran oil industry analyst Matthew Simmons draws on his three-plus decades of insider experience and more than 200 independently produced reports about Saudi petroleum resources and production operations. He uncovers a story about Saudi Arabia’s troubled oil industry, not to mention its political and societal instability, which differs sharply from the globally accepted Saudi version. It’s a story that is provocative and disturbing, based on undeniable facts, but until now never told in its entirety. Twilight in the Desert answers all readers’ questions about Saudi oil and production industries with keen examination instead of unsubstantiated posturing, and takes its place as one of the most important books of this still-young century.
2. The Prize: The Epic Quest for Oil, Money, and Power is Daniel Yergin's history of the global petroleum industry from the 1850s through 1990. The Prize became a bestseller, helped by its release date in October 1990, two months after the invasion of Kuwait ordered by Saddam Hussein and three months before the U.S.-led coalition began the Gulf War to oust Iraqi troops from that country. It eventually went on to win the Pulitzer Prize.
The Prize has been called the "definitive" history of the oil industry, even a "bible".
3. The Quest: Energy, Security, and the Remaking of the Modern World
A master storyteller as well as a leading energy expert, Daniel Yergin continues the riveting story begun in his Pulitzer Prize–winning book, The Prize. In The Quest, Yergin shows us how energy is an engine of global political and economic change and conflict, in a story that spans the energies on which our civilization has been built and the new energies that are competing to replace them. The Quest tells the inside stories, tackles the tough questions, and reveals surprising insights about coal, electricity, and natural gas. He explains how climate change became a great issue and leads readers through the rebirth of renewable energies, energy independence, and the return of the electric car. Epic in scope and never more timely, The Quest vividly reveals the decisions, technologies, and individuals that are shaping our future.
4. The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters
Things looked grim for American energy in 2006, but a handful of wildcatters were determined to tap massive deposits of oil and gas that giants like Exxon and Chevron had ignored. They risked everything on a new process called fracking. Within a few years, they solved America’s dependence on imported energy, triggered a global environmental controversy, and made and lost astonishing fortunes.
No one understands the frackers—their ambitions, personalities, and foibles—better than Wall Street Journal reporter Gregory Zuckerman. His exclusive access drives this dramatic narrative, which stretches from North Dakota to Texas to Wall Street.
5. The Big Rich: The Rise and Fall of the Greatest Texas Oil Fortunes
Phenomenal reviews and sales greeted the hardcover publication of The Big Rich, New York Timesbestselling author Bryan Burrough's spellbinding chronicle of Texas oil. Weaving together the multigenerational sagas of the industry's four wealthiest families, Burrough brings to life the men known in their day as the Big Four: Roy Cullen, H. L. Hunt, Clint Murchison, and Sid Richardson, all swaggering Texas oil tycoons who owned sprawling ranches and mingled with presidents and Hollywood stars. Seamlessly charting their collective rise and fall, The Big Rich is a hugely entertaining account that only a writer with Burrough's abilities-and Texas upbringing-could have written.
6. Gary The Go-Cart: Wind Blows
Written by Pink Petro Member Barbara Brandl Denson
Gary wants to go far and wants to go fast. He doesn't want to be slow like go-carts from the past. This book details Gary's adventure as he explores Wind Energy versus Oil and Gas.
Read more about Barbara and her book here!
7. OIL! is a novel by Upton Sinclair, first published in 1926–27 and told as a third-person narrative, with only the opening pages written in the first person. The book was written in the context of the Harding administration's Teapot Dome Scandal and takes place in Southern California. It is a social and political satire skewering the human foibles of all its characters.
The main character is James Arnold Ross Jr., nicknamed Bunny, son of an oil tycoon. Bunny's sympathetic feelings toward oilfield workers and socialists provoke arguments with his father throughout the story.
8. The Murchisons: The Rise and Fall of a Texas Dynasty
Wolfe tells a riveting tale of the rising fortunes and ultimate downfall of the Murchison family, quintessential high rollers. Clint Murchison Sr. erupted from East Texas during the rough-and-tumble years of oil drilling in the 1930s, and spent his life "doing deals." Wolfe gives a colorful description of a quiet, unpretentious man whose financial acumen and brilliant use of leverage helped him build a multimillion-dollar conglomerate. His sons Clint Jr. and John shared their father's wizardry, adding to their investment firmament the Vail, Colo., ski resort and the Dallas Cowboys. However, the family's style of loose management and easy credit based on a handshake was ill-suited to the late 1970s, when oil prices toppled and interest rates soared.
9. Harsh Country, Hard Times
Clayton Wheat Williams—West Texas oilman, rancher, civic leader, veteran of the Great War, and avocational historian—was a risk taker, who both reflected and molded the history of his region. His life spanned a dynamic period in Texas history when automobiles replaced horse-drawn wagons, electricity replaced steam power in the oilfields, and barren and virtually worthless ranch land became valuable for the oil and gas under its surface.As a youngster accompanying his father on surveying trips through the land, and subsequently as a cadet at Texas A&M, he developed a toughness that served him well in France and Flanders. His letters home provide an unusually nuanced picture of what life was like for an American officer in Europe during the Great War.
The native son of a distinguished West Texas family and a 1954 graduate of Texas A&M whose career and personal pursuits have ranged from farmer to insurance salesman to wildcatter, pipeline entrepreneur, rancher, banker, real estate mogul, big game hunter, conservationist, philanthropist, front-running gubernatorial candidate, and oil tycoon, Clayton W. Williams Jr. is by all measures one of a kind
He has repeatedly been on the Forbes list of the 400 wealthiest Americans, yet more than once Claytie has also been on the verge of bankruptcy. This authorized biography captures the dimensions of his fascinating life: his determined work ethic and honesty; his passionate interests and rough-hewn style; his devotion to wife and constant companion Modesta and family; his all-in wildcatter bets and integrity-above-all payoff of debts; his patented gaffes in the “wildest, woolliest Texas governor’s race ever” and their spotlighted consequences for the state and nation; and running through it all, both unrestrained celebrations and knees-on-the-ground repentance.