Concern regarding the Deepwater Horizon oil crisis has largely focused on oil and dispersants while the threat of genotoxic metals in the oil has gone largely overlooked. Genotoxic metals, such as chromium and nickel, damage DNA and bioaccumulate in organisms, resulting in persistent exposures. We found chromium and nickel concentrations ranged from 0.24 to 8.46 ppm in crude oil from the riser,...

Employing the dataset of WTI oil spot price and stock price index in China Brazil, India, US, German, France, UK and Japan, this paper obtains five subinterval of whole sample range through a nonparametric multiple change point algorithms. Furthermore, it analyses dependence between oil spot price and stock price index through copula model and computes the value of VaR and ES based on simulatio...

The price of a barrel of crude oil doubled within a few months last year. Although prices have been easing lately, for those who paid more than $3 for a gallon of gas, the memory is not likely to fade quickly. But worries about higher gas prices don’t end at the pump. Oil price shocks—sudden and sharp increases in the price of oil and its derivatives like gasoline—are associated in the popular ...

Only recently have social insurance and private pensions, collectively, come to be thought of in terms of a total social security benefit package. The economic problems brought on by the 1974 oil crisis initially triggered consideration of a common, integrated role for the two systems. The second oil crisis reinforced the relative expansion in private pension programs, as a supplement to social...

Article history: Received 31 August 2012 Received in revised form 22 April 2013 Accepted 19 May 2013 Available online 25 May 2013 This paper investigates the dynamic dependence between crude oil prices and stock markets in ten countries across the Asia-Pacific region during the period from January 4, 2000 to March 30, 2012 by using unconditional and conditional copula models. The model is imple...

The Niger Delta region of Nigeria witnessed a remarkable upsurge in environmental resource crisis as a result of the presence of oil multinationals in the region. The mass media flash before the public a vivid and multi varied images of violent behaviour that characterized social interactions in the region. The youths in the Niger Delta whose occupational aspirations are blocked due to persiste...

The rise of microblogging has drastically transformed the ways in which people become aware of, talk about, experience, and respond to crises. Microblogging allows for multiple stakeholders to express and manage emotions that a crisis may trigger. This research examines how multiple stakeholders engage in emotion strategies through microblogging over the course of a crisis. Relying upon and ext...

Are sectorally dependent states destined to regime instability as a result of chronic fiscal crisis? Literature emphasizing the importance of a country’s sectoral endowment suggests that oil exporters in particular should exhibit similar policy stagnation and regime decay as a result of fiscal crisis. The cases of Kuwait, Qatar, and Bahrain in the 1980s and 1990s demonstrate that fiscal crisis ...