Oil: Money, Politics, and Power in the 21st Century Review

Average Reviews:

(More customer reviews)This book was advertised as a sequel to the Prize by Daniel Yurgin and that is what I expected. However it is really quite a different read and lacks the big historical perspective of the Prize. The information contained in the book on the actions and thinking of the modern (post 1990) oil companies is very revealing however and provides unusual insights about them over the past 20 or so years. Those views are very helpful in understanding a number of moves made by the various companies lately. I found their adventures into post Soviet Russia very instructive. The author seems to have had very good connections into BP (as well as most of the others) which are helpful in understanding the recent turmoil surrounding that company's problems. I also found the descriptions of international oil trading useful in understanding much of the volatile price moves in oil over the past decades. The style of the book causes one to repeat going through various time lines, but the details conveyed were worth it. This is a must read for anyone interested in gaining a better insight into how the modern oil industry works and reflects the investigative journalism approach of the author. Excellent details on the various leaders of the companies too.

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