In a forty-year career as an oil and gas investment analyst and as an investment banker and strategic adviser on petroleum-sector mergers, acquisitions, and financings, Thomas A. Petrie has witnessed dramatic changes in the business. In Following Oil, he shares useful lessons he has learned about domestic and global trends in population and economic growth, a maturing resource base, variable national energy policies, and dynamic changes in geopolitical forces—and how these variables affect energy markets. More important, he applies those lessons to charting a course of energy development for the nation as the twenty-first century unfolds. By the 1970s, when Petrie began analyzing publicly traded securities in the energy sector, the petroleum investment market was depressed. The rise of the Organization of Petroleum Exporting Countries (OPEC) pushed energy to the center of the national security calculus of the United States and its allies. Price volatility would continue to whipsaw global markets for decades, while for consumers, cheap gasoline prices soon became a fond memory. Eventually, as Petrie puts it, finding oil on Wall Street became cheaper than drilling for it. Petrie uses this dramatic period in oil business history to relate what he has learned from “following oil” as a securities analyst and investment banker. But the title also refers to energy sources that could become available following eventual shrinkage of conventional-oil supplies. Addressing the current need for greener, more sustainable energy sources, Petrie points to recent large domestic gas discoveries and the use of new technologies such as horizontal drilling to unlock unconventional hydrocarbons. With these new sources, the United States can increase production and ensure itself enough oil and gas to sustain economic growth during the next several decades. Petrie urges the pursuit of cleaner fossil fuel development in order to buy the time to develop the technical advances needed to bridge the nation to a greener energy future, when wind, solar, and other technologies advance sufficiently to play a larger role.

From 1985 to 2001, the collaborative research initiative known as the Bannu Archaeological Project conducted archaeological explorations and excavations in the Bannu region, in what was then the North West Frontier Province (NWFP) of Pakistan, now Khyber-Pakhtunkhwa. This Project involves scholars from the Pakistan Heritage Society, the British Museum, the Institute of Archaeology (UCL), Bryn Mawr College and the University of Cambridge. This is the third in a series of volumes that present the final reports of the exploration and excavations carried out by the Bannu Archaeological Project. This volume presents the first synthesis of the archaeology of the historic periods in the Bannu region, spanning the period when the first large scale empires expanded to the borders of South Asia up until the arrival of Islam in the subcontinent at the end of the first and beginning of the second millennium BC. The Bannu region provides specific insight into early imperialism in South Asia, as throughout this protracted period, it was able to maintain a distinctive regional identity in the face of recurring phases of imperial expansion and integration.

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Petrie explains the origins of prize taking, the rules of the sea that became universally accepted among the maritime powers of the world, and the final decline of prize taking during the nineteenth century."--BOOK JACKET. "Most of the book is devoted to rollicking, never-before-published sea stories about this form of looting that helped define the last century of fighting sail."--BOOK JACKET.