The secret world of oil
By: Ken Silverstein
Publisher: Verso
Published: 2014
Language: eng
Number of pages: 281
ISBN-13: 9781781681374
Subjects: Petroleum industry and trade; Employees; Corrupt practices
Description: "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"--

"Oil is the lifeblood of modern civilization, and the industry that supplies it has been the subject of intense interest and scrutiny, as well as countless books. And yet, almost no attention has been paid to one aspect of the modern oil industry: the questionable characters--the fixers, gangsters, and dictators--allied with competing governments and multinational corporations. The energy industry, to cite just one measure of corruption, violates the US Foreign Corrupt Practices Act more often than any other economic sector, even weapons. This book sets out to tell the story of this hidden world.The global fleet of some 11,000 tankers--which tripled in size during the past decade--moves approximately 2 billion metric tons of oil annually. And every stage in the production process, 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 locales, "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"--