Books on Oil

by Majid Alsayegh
published in MER180

Simon Bromley, American Hegemony and World Oil (Pennsylvania State, 1991).

Daniel Yergin, The Prize (Simon and Schuster, 1990).

These two books present a historical account of the development of the international oil industry and the struggle for control of oil over the past century. Both authors take the position that oil is a strategic commodity which has played a critical role in the strategies of nations and multinational corporations, but their perspectives and conclusions are substantially different.

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