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Seizing Power
Book

Seizing Power

The Grab for Global Oil Wealth (Bloomberg)

Bloomberg Press, 2010 подробнее...

автоматическое преобразование текста в аудио
автоматическое преобразование текста в аудио

Editorial Rating

7

Qualities

  • Well Structured
  • Overview
  • Concrete Examples

Recommendation

Journalist Robert Slater’s book provides an interesting piece of the oil puzzle by identifying today’s new industry bosses, including new state-run oil companies and the “petroaggressors” – or nonaligned nations – that dislike the US and now have the oil, power and money to change the world’s political balance. Slater presents the history of the oil industry, explains some technical factors, and describes the rotation of new and old participants. Though the book does not offer a great deal of original information, Slater believes that dealing with rogue oil nations is a necessary – but menacing – evil that stems from the West’s overreliance on oil to solve its energy problems. getAbstract recommends this overview of the increasingly nasty politics of oil. Here’s hoping forewarned is still forearmed.

Take-Aways

  • The world is desperately dependent on oil: When oil prices spike, they can destabilize entire economies.
  • Oil first became a political weapon during the 1973-1974 Arab oil embargo of the West.
  • Experts predict the world could run out of oil within the next 50 to 150 years.

About the Author

Robert Slater is a journalist who has written best-selling books about George Soros and Jack Welch.


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