Seizing Power: The Grab for Global Oil Wealth
The Shifting Global Oil Power Structure: Historical Perspectives, Risks, and Resolutions

Oil, from pricing and purchasing to drilling and trading, is a commodity surrounded by fierce debate. Its impact is felt by even casual consumers around the world, and whether you're filling a tank of gas for the commute to work or buying a plastic bottle of water, you're interacting with either petroleum products or products reliant on petroleum.

Our growing dependence on this precious natural resource has led to its extreme increase in price and production over the past four decades—from a price of $1.80 per barrel in the 1960s to a high of $145 in July 2008 to an unstable and volatile price in the $80s during the spring of 2010. This wild growth has ramifications larger than the surging cost of derivative products and has led to excessive enrichment and power in dangerously aggressive nations.

In Seizing Power, author Robert Slater discusses the rising danger of global oil power as it has shifted over the past several decades into the hands of a few newly wealthy nations. Page by page, he asks and answers important questions regarding the present oil supremacy and reveals what the future political landscape could look like. Topics touched upon include:

  • Growing consumption by India and China

  • The new Middle East, including Iran, the UAE, and the Saudis

  • Peak oil, speculators, and the volatile price problem

  • The risks of Russian oil

  • Drilling at home and abroad

  • South America: Venezuela and Brazil

  • The ethics of the oil business

  • Oil power in Africa

Filled with in-depth insights and practical points, Seizing Power argues that until we find an alternative and cost-efficient fuel to run the engines of industry, we will remain at the mercy of those who control one of the world's most precious resources.

1111930388
Seizing Power: The Grab for Global Oil Wealth
The Shifting Global Oil Power Structure: Historical Perspectives, Risks, and Resolutions

Oil, from pricing and purchasing to drilling and trading, is a commodity surrounded by fierce debate. Its impact is felt by even casual consumers around the world, and whether you're filling a tank of gas for the commute to work or buying a plastic bottle of water, you're interacting with either petroleum products or products reliant on petroleum.

Our growing dependence on this precious natural resource has led to its extreme increase in price and production over the past four decades—from a price of $1.80 per barrel in the 1960s to a high of $145 in July 2008 to an unstable and volatile price in the $80s during the spring of 2010. This wild growth has ramifications larger than the surging cost of derivative products and has led to excessive enrichment and power in dangerously aggressive nations.

In Seizing Power, author Robert Slater discusses the rising danger of global oil power as it has shifted over the past several decades into the hands of a few newly wealthy nations. Page by page, he asks and answers important questions regarding the present oil supremacy and reveals what the future political landscape could look like. Topics touched upon include:

  • Growing consumption by India and China

  • The new Middle East, including Iran, the UAE, and the Saudis

  • Peak oil, speculators, and the volatile price problem

  • The risks of Russian oil

  • Drilling at home and abroad

  • South America: Venezuela and Brazil

  • The ethics of the oil business

  • Oil power in Africa

Filled with in-depth insights and practical points, Seizing Power argues that until we find an alternative and cost-efficient fuel to run the engines of industry, we will remain at the mercy of those who control one of the world's most precious resources.

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Seizing Power: The Grab for Global Oil Wealth

Seizing Power: The Grab for Global Oil Wealth

by Robert Slater
Seizing Power: The Grab for Global Oil Wealth

Seizing Power: The Grab for Global Oil Wealth

by Robert Slater

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Overview

The Shifting Global Oil Power Structure: Historical Perspectives, Risks, and Resolutions

Oil, from pricing and purchasing to drilling and trading, is a commodity surrounded by fierce debate. Its impact is felt by even casual consumers around the world, and whether you're filling a tank of gas for the commute to work or buying a plastic bottle of water, you're interacting with either petroleum products or products reliant on petroleum.

Our growing dependence on this precious natural resource has led to its extreme increase in price and production over the past four decades—from a price of $1.80 per barrel in the 1960s to a high of $145 in July 2008 to an unstable and volatile price in the $80s during the spring of 2010. This wild growth has ramifications larger than the surging cost of derivative products and has led to excessive enrichment and power in dangerously aggressive nations.

In Seizing Power, author Robert Slater discusses the rising danger of global oil power as it has shifted over the past several decades into the hands of a few newly wealthy nations. Page by page, he asks and answers important questions regarding the present oil supremacy and reveals what the future political landscape could look like. Topics touched upon include:

  • Growing consumption by India and China

  • The new Middle East, including Iran, the UAE, and the Saudis

  • Peak oil, speculators, and the volatile price problem

  • The risks of Russian oil

  • Drilling at home and abroad

  • South America: Venezuela and Brazil

  • The ethics of the oil business

  • Oil power in Africa

Filled with in-depth insights and practical points, Seizing Power argues that until we find an alternative and cost-efficient fuel to run the engines of industry, we will remain at the mercy of those who control one of the world's most precious resources.


Product Details

ISBN-13: 9780470911136
Publisher: Wiley
Publication date: 07/30/2010
Series: Bloomberg , #121
Sold by: JOHN WILEY & SONS
Format: eBook
Pages: 208
File size: 7 MB

About the Author

Robert Slater has written about such major business personalities as George Soros, Jack Welch, and Bill Gates. His books have appeared on the BusinessWeek, Wall Street Journal, and New York Times bestseller lists. Slater lives in Israel and New York.

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Table of Contents

Acknowledgments xi

Introduction: The Parable of Sã Tomé xiii

1 Edging Toward Violence and Chaos 3

2 Two African Oil Nations: A Study in Contrasts 11

3 China Invades Africa 27

4 Power in the Desert: The Gulf and the Middle East 39

5 Testing the Oil System: The War, the Embargo, and Spare Capacity 49

6 The History of Oil and the American Dream 63

7 Ethics and Oil 75

8 Hedging: Insurance or Speculation? 83

9 How Much Oil Is Left … and How Willing Is the United States to Drill for it? 93

10 Oil for the Lamps of China … and India 105

11 Power Shift 121

12 Russia: Putin's War Against the Oligarchs 137

13 Iran: Arrogance as an Oil Strategy 147

14 Venezuela: The World According to Cháez 155

15 Brazil and Petrobras: A National Oil Company in a Better World 165

16 After the Power Shift: Where Will It All Lead? 173

List of Chapter Opening Illustrations 183

About the Author 187

Index 189

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