---
product_id: 670738
title: "Oil 101"
price: "€ 72.37"
currency: EUR
in_stock: true
reviews_count: 8
url: https://www.desertcart.be/products/670738-oil-101
store_origin: BE
region: Belgium
---

# Oil 101

**Price:** € 72.37
**Availability:** ✅ In Stock

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- **What is this?** Oil 101
- **How much does it cost?** € 72.37 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.be](https://www.desertcart.be/products/670738-oil-101)

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## Description

Oil 101 [Morgan Downey] on desertcart.com. *FREE* shipping on qualifying offers. Oil 101

Review: Fascinating Book - Oil 101 is a fascinating book. It explains everything I wanted to know about oil. Over the past few years with rapidly rising and falling oil prices, politicians, TV pundits and market commentators blamed speculators, OPEC, refineries and a host of other seemingly random events. I felt that everyone understood only tiny portions of the oil business. There was no single source which pulled together disparate areas describing oil. Internet searches for oil definitions yielded individual descriptions without an overall context. Downey's Oil 101 brings all parts of the oil business together in a logical easily understood manner. The sequence of chapters is perfect and the author makes no assumption of prior knowledge. The index is so thorough that I use the book daily as a desk reference. The chapter on the history of oil is refreshing and is very much worth the price of the book in itself. The book rose my interest to visit the world's first oil well in Oil Creek near Titusville, Pennsylvania where the modern oil industry started in 1859. It was certainly an interesting trip. The book explains clearly how oil markets operate and oil prices change. The amount of useful information contained in this book is phenomenal. A more important point that I like this book is that the book is very interesting and easy to read. This is exceptional for a highly specialized technical book. I highly recommend Downey's Oil 101. Below is the table of contents: Part One: Oil fundamentals Chapter 1: A brief history of oil Chapter 2: A crude oil assay Chapter 3: Components of oil liquids Chapter 4: Chemistry of oil Chapter 5: Industry overview Chapter 6: Exploration and production Chapter 7: Refining Chapter 8: Standards Chapter 9: Finished products Chapter 10: Petrochemicals Chapter 11: Transporting oil Chapter 12: Storage Chapter 13: Seasonality Chapter 14: Reserves Chapter 15: Environmental regulations Chapter 16: New engine technologies Part Two: Oil markets Chapter 17: Oil prices Chapter 18: Forward oil markets - futures and swaps Chapter 19: Forward oil markets - options Chapter 20: Managing oil price risk
Review: Superb for learners and indispensable for the seasoned industry players - I purchased this book strictly with the intention of learning more about the trading side of the business but was very pleasantly surprised to find that it started from the very bottom of the ladder and revealed practically every essential detail of the industry. Being specifically employed in the gas industry I was skeptical at first of the value I stood to gain from reading this. But once I sank into even the first chapter I realized that a lot of gas industry practices and jargon were actually spinoffs or directly borrowed from the oil industry. The book spares no detail and takes nothing for granted as being already known or understood unless it was previously stated between its covers. It can thus be understood from the simplest level go up. Im just about halfway through but will certainly update my review once completed. I look forward to an updated version that perhaps expands some more on the world's oil balance given recent large discoveries in Brazil and Africa (East and West). Im not sure if the topic can be rightly squeezed into the same volume but a "Gas 101" might be a likewise appreciated accompaniment to this handy piece of work. I have two criticisms to give neither of which managed to diminish my inclination toward a five-star review. I guess my appreciation for the content over-rode both my cautions. Firstly, the shipping time was way too long. The book is a fast moving stock item and should at least be stocked to reduce shipout time. Secondly, the language, though simple to read at any level, is sufficiently poor in places to totally derail the flow and require you to read the same sentence twice or more. You will ultimately get the idea the author is trying to convey so I dont see this as being worth an entire star in the final rating. "Oil 101" is definitely a worthy investment rather than an expense and will aptly prime newcomers to the industry in just as much time as it takes them to read it.

## Technical Specifications

| Specification | Value |
|---------------|-------|
| Best Sellers Rank | #23,048 in Books ( See Top 100 in Books ) #2 in Petroleum Engineering #11 in Commodities Trading (Books) #11 in Oil & Energy Industry (Books) |
| Customer Reviews | 4.6 4.6 out of 5 stars (346) |
| Dimensions  | 6.3 x 1.5 x 9.1 inches |
| Edition  | First Edition |
| ISBN-10  | 0982039204 |
| ISBN-13  | 978-0982039205 |
| Item Weight  | 1.75 pounds |
| Language  | English |
| Print length  | 452 pages |
| Publication date  | January 1, 2009 |
| Publisher  | Wooden Table Press |

## Images

![Oil 101 - Image 1](https://m.media-amazon.com/images/I/41R7e+NWaWL.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ Fascinating Book
*by Y***N on February 2, 2009*

Oil 101 is a fascinating book. It explains everything I wanted to know about oil. Over the past few years with rapidly rising and falling oil prices, politicians, TV pundits and market commentators blamed speculators, OPEC, refineries and a host of other seemingly random events. I felt that everyone understood only tiny portions of the oil business. There was no single source which pulled together disparate areas describing oil. Internet searches for oil definitions yielded individual descriptions without an overall context. Downey's Oil 101 brings all parts of the oil business together in a logical easily understood manner. The sequence of chapters is perfect and the author makes no assumption of prior knowledge. The index is so thorough that I use the book daily as a desk reference. The chapter on the history of oil is refreshing and is very much worth the price of the book in itself. The book rose my interest to visit the world's first oil well in Oil Creek near Titusville, Pennsylvania where the modern oil industry started in 1859. It was certainly an interesting trip. The book explains clearly how oil markets operate and oil prices change. The amount of useful information contained in this book is phenomenal. A more important point that I like this book is that the book is very interesting and easy to read. This is exceptional for a highly specialized technical book. I highly recommend Downey's Oil 101. Below is the table of contents: Part One: Oil fundamentals Chapter 1: A brief history of oil Chapter 2: A crude oil assay Chapter 3: Components of oil liquids Chapter 4: Chemistry of oil Chapter 5: Industry overview Chapter 6: Exploration and production Chapter 7: Refining Chapter 8: Standards Chapter 9: Finished products Chapter 10: Petrochemicals Chapter 11: Transporting oil Chapter 12: Storage Chapter 13: Seasonality Chapter 14: Reserves Chapter 15: Environmental regulations Chapter 16: New engine technologies Part Two: Oil markets Chapter 17: Oil prices Chapter 18: Forward oil markets - futures and swaps Chapter 19: Forward oil markets - options Chapter 20: Managing oil price risk

### ⭐⭐⭐⭐⭐ Superb for learners and indispensable for the seasoned industry players
*by A***D on August 6, 2012*

I purchased this book strictly with the intention of learning more about the trading side of the business but was very pleasantly surprised to find that it started from the very bottom of the ladder and revealed practically every essential detail of the industry. Being specifically employed in the gas industry I was skeptical at first of the value I stood to gain from reading this. But once I sank into even the first chapter I realized that a lot of gas industry practices and jargon were actually spinoffs or directly borrowed from the oil industry. The book spares no detail and takes nothing for granted as being already known or understood unless it was previously stated between its covers. It can thus be understood from the simplest level go up. Im just about halfway through but will certainly update my review once completed. I look forward to an updated version that perhaps expands some more on the world's oil balance given recent large discoveries in Brazil and Africa (East and West). Im not sure if the topic can be rightly squeezed into the same volume but a "Gas 101" might be a likewise appreciated accompaniment to this handy piece of work. I have two criticisms to give neither of which managed to diminish my inclination toward a five-star review. I guess my appreciation for the content over-rode both my cautions. Firstly, the shipping time was way too long. The book is a fast moving stock item and should at least be stocked to reduce shipout time. Secondly, the language, though simple to read at any level, is sufficiently poor in places to totally derail the flow and require you to read the same sentence twice or more. You will ultimately get the idea the author is trying to convey so I dont see this as being worth an entire star in the final rating. "Oil 101" is definitely a worthy investment rather than an expense and will aptly prime newcomers to the industry in just as much time as it takes them to read it.

### ⭐⭐⭐⭐⭐ THE book for understanding the world of big oil
*by A***R on April 17, 2012*

This is THE book for understanding oil and oil markets. It will tell you more about oil than you ever really wanted to know. I will warn you though that this is not a "casual" look at the oil industry. This is a "deep dive". The book explains everything from the molecules that make up oil and their chemistry to how the chemistry affects the refining process to the geology and how it affects the search for oil to oil contracts and the markets where oil is traded. Having a strong background in science will help in reading this book tremendously. I have that background, so I found it very easy to read. For people without that background, I think it's still readable although highly technical. You can probably skip some of the more technical chapters, but I would recommend diving into them and just seeing how much of it you understand. You'll get more out of it if you understand the science, but I think even someone who doesn't understand the science would probably learn quite a bit from the more technical chapters. As technical as this book is, it's written in a very readable and informal style. It's not hard to read at all; it just gets into some pretty deep science, and the subject itself is pretty technical. And it covers just about everything there is to know in the oil industry. I recommend this book to people all the time. This is THE book if you want to know about the oil industry and you aren't a petroleum engineer yet.

## Frequently Bought Together

- Oil 101
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*Product available on Desertcart Belgium*
*Store origin: BE*
*Last updated: 2026-04-26*