The Secret World of Oil

The Secret World of Oil

Book - 2014
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"The oil industry provides the lifeblood of modern civilization, and bestselling books have been written about the industry and even individual companies in it, like ExxonMobil. But the modern oil industry is an amazingly shady meeting ground of fixers, gangsters, dictators, competing governments, and multinational corporations, and until now, no book has set out to tell the story of this largely hidden world. The global fleet of some 11,000 tankers--that's tripled during the past decade--moves approximately 2 billion metric tons of oil annually. And every stage of the route, from discovery to consumption, is tainted by corruption and violence, even if little of that is visible to the public. Based on trips to New York, Washington, Houston, London, Paris, Geneva, Phnom Penh, Dakar, Lagos, Baku, and Moscow, among other far-flung locals, The Secret World of Oil includes up-close portraits of a shadowy Baku-based trader; a high-flying London fixer; and an oil dictator's playboy son who has to choose one of his eleven luxury vehicles when he heads out to party in Los Angeles. Supported by funding from the prestigious Open Society, this is both an entertaining global travelogue and a major work of investigative reporting"--
Publisher: London, New York :, Verso,, 2014
ISBN: 9781781681374
Characteristics: 281 pages ; 22 cm


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Oct 22, 2014

Disturbing look at the movers and shakers who exploit good people out of the oil revenues they deserve, from brutal dictatorships like Equatorial Guinea that executes dissenters by crucifixion, to Louisiana which despite all its natural wealth is consistently the poorest state in America. One of the lobbyists is none other than Tony Blair, a subject which results in an entire chapter looking at his shadowy dealings.

May 27, 2014

An excellent book, especially where the oil traders are concerned [an important chapter covering the largest oil trader, Glencore]. Silverstein conveys the pathological psychopathology of the rich by the comments of a developer regarding Sihanoukville, where the original dwellers were forceably moved away from, or killed, to free it up for real estate development.

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