OIL is the definitive, in-depth look at the politics,
economics, technology, and personalities behind the frantic
hunt for this vital natural resource over the last 20 years.
Twenty years ago oil cost about $7 a barrel. In 2008, the
price soared to $148 and then fell to below $40. In the
midst of this extraordinary volatility, the major oil
conglomerates still spent over a trillion dollars in an
increasingly frantic search for more. The story of oil is a
story of high stakes and extreme risk. It is the story of
the crushing rivalries between men and women exploring for
oil five miles beneath the sea, battling for control of the
world's biggest corporations and gambling billions of
dollars twenty-four hours every day on oil's prices. It is
the story of corporate chieftains in Dallas and London,
traders in New York, oil-oligarchs in Moscow, and
globe-trotting politicians, all maneuvering for power. With
the world as his canvass, acclaimed investigative reporter
Tom Bower gathered unprecedented first-hand information from
hundreds of sources to give readers an authoritative 20-year
history of the hunt and speculation for oil-the ultimate
story of arrogance, intrigue, and greed.
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