Outer continental shelf oil and gas information program; Gulf of Mexico index (January 1977 - June 1979)

1979 ◽  
Author(s):  
J. Benton ◽  
T. McDowell ◽  
R. Gillian
Keyword(s):  
Gulf Of Mexico ◽  
Continental Shelf ◽  
Oil And Gas ◽  
Outer Continental Shelf ◽  
Information Program

Contract Drillers and Causal Histories along the Gulf of Mexico

2003 ◽  
Vol 62 (3) ◽  
pp. 218-220 ◽  
Author(s):  
Thomas R. McGuire ◽  
Andrew Gardner
Keyword(s):  
Gulf Of Mexico ◽  
Continental Shelf ◽  
Oil And Gas ◽  
Oil Prices ◽  
Product Market ◽  
Oil And Gas Industry ◽  
Outer Continental Shelf ◽  
Gas Industry ◽  
Employment Insecurity ◽  
Significant Events

Corporate mergers in the oil and gas industry in the late 1990s were accompanied by reduced spending for exploration and drilling on the Outer Continental Shelf of the gulf of mexico, even though oil prices were skyrocketing. this lack of response to a favorable price environment is an anomaly for product market theories and can better be understood within a framework of causal history. This approach begins with significant events and traces specific causes and consequences. One significant consequence of the mergers is a redefinition of loyalty among a workforce exposed to increasing employment insecurity.

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