Let them eat war : the effect of the Libyan Arab Spring on Texas' oil field economy

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2012-05

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At the beginning of 2011, independence movements arose across the Middle East and stoked the fires of revolution in nations like Libya, Egypt and Syria. Colloquially known as “The Arab Spring,” the movement toppled dictatorships that had existed for decades. Those dictatorships also provided stability for foreign business conducted in their countries, including Texan oil field companies.

But as civil unrest persists and the political story unfolds, Texan oil field companies continue to do business in the region, largely unabated. This report addresses the effects of the Arab Spring on the performance of select Texan oil field companies operating in Libya.

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