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The World's Most Powerful Industry--and What We Must Do to Stop It
William Morrow
October 2008
On Sale: October 7, 2008
480 pages
ISBN: 0061434507
EAN: 9780061434501
Hardcover
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Non-Fiction Political
Why are oil and gas prices so high? Who's really controlling those prices? How much oil is left? How far will Big Oil go to get it? And at what cost to the environment, human rights, the
economy, worker safety, public health, and democracy? The answers aren't what you think. They're much worse. But
there's also plenty that we can do about it. As oil prices—and public outrage—skyrocket, Antonia Juhasz,
a leading industry critic and expert on corporations and
globalization, gives us the hardest-hitting exposé of the
oil industry in decades. In The Tyranny of Oil she
investigates the true state of the U.S. oil industry—
uncovering its virtually unparalleled global power,
influence over our elected officials, and lack of
regulatory oversight, as well as the truth behind $150-a-
barrel oil, $4.50-a-gallon gasoline, and the highest profit
in corporate history. Exposing an industry that thrives on
secrecy, Juhasz shows how Big Oil manages to hide its
business dealings from policy makers, legislators, and,
most of all, consumers. She reveals exactly how Big Oil
gets what it wants—through money, influence, and lies. The Tyranny of Oil offers both a new take on problems and a
new set of solutions as Juhasz puts forward an immediate
call to action—a formula for reining in the industry, its
governmental lobbying power, environmental destruction, and
violence while reducing global dependence on oil. Her
thought-provoking answers to the most pressing energy
questions speak directly to readers concerned about oil and
gas prices, global warming, wars for oil, and America's
place in the world. With the major players in the world's
most powerful industry charged with collusion, price-
gouging, anticompetitive behavior, and unabashed greed,
Juhasz calls boldly for the breakup of Big Oil. Drawing on considerable historical research, Juhasz
explores the parallels between today's companies and
Standard Oil, the most powerful corporation of the early
twentieth century, whose stranglehold on the economy and
government was broken only by the vision and persistence of
activists and like-minded politicians. We are in a similar
position today, she argues, with powerful opportunities
available for ordinary Americans to come together, reclaim
their voices, and shore up our nation's crumbling
democratic foundation. A tool for meaningful change that blends history, original
investigative research and reporting, candid interviews
with key insiders, and a unique focus on activism, The
Tyranny of Oil is required reading for every concerned
global citizen.
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