Providing a holistic understanding of extensive oil extraction in rural Mexico, this book focuses on a campesino community, where oil extraction is deeply inscribed into the daily lives of the community members. The book shows how oil shapes the space where it is extracted in every aspect and...

Mineral extraction alone is not sufficient to trigger sustainable development in developing countries. The mainstream paradigm on mining for development suggests that mineral-rich developing countries need to formulate a fiscal policy that can balance the need to maximize fiscal revenue while...

We propose a simple structural model of the upstream sector in the oil and gas industry to study the determinants of costs with a focus on its relationship with the price of oil.  We use the real oil price, data on global drilling activity and costs of drilling to estimate a three-dimensional...