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Empires and Anarchies

Empires and Anarchies
Author: Michael Quentin Morton
Publisher: Reaktion Books
Total Pages: 265
Release: 2017-09-15
Genre: History
ISBN: 1780238614

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Oil lies at the heart of the modern history of the Middle East. For decades, the world’s largest oil reserves have enriched the region’s nations. But oil wealth has not brought with it universal prosperity. It has, though, transformed the Middle Eastern people and societies—enriching empires and engendering anarchies. Empires and Anarchies is an unconventional history of oil in the Middle East. In Michael Quentin Morton’s account the burnt-out remains of Saddam Hussein’s armaments and the human tragedy of the Arab Spring are as much of the story as the shimmering skylines of oil-rich nations. From the first explorers trudging through the desert to the excesses of the Peacock Throne and the high stakes of OPEC, Morton lays out the history of oil in compelling detail, arguing that oil simultaneously enriched and fractured the Middle East, eroding traditional ways of life, and eventually contributing to the rise of Islamic radicalism. The book is essential reading for anyone interested in the promises and peril of the world’s oil boom.


The Oil Kings

The Oil Kings
Author: Andrew Scott Cooper
Publisher: Simon and Schuster
Total Pages: 544
Release: 2012-09-11
Genre: Business & Economics
ISBN: 1439155186

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Relying on a rich cache of previously classified notes, transcripts, cables, policy briefs, and memoranda, Andrew Cooper explains how oil drove, even corrupted, American foreign policy during a time when Cold War imperatives still applied, and tells why in the 1970s the U.S. switched its Middle East allegiance from the Shah of Iran to the Saudi royal family. Amid the oil shocks of the early 1970s, there was one man the U.S. could rely on: the Shah of Iran. The Shah sold us oil; we sold him weapons. But the U.S. and other industrialized economies could not tolerate repeated annual double digit increases in oil prices. During the 1976 election campaign, President Gerald Ford decided that he had to find a country that would break the OPEC monopoly and sell the U.S. oil more cheaply. On the advice of Treasury Secretary William Simon -- and against the advice of Secretary of State Henry Kissinger -- Ford made a deal to sell advanced weaponry to the Saudis in exchange for a more moderate price hike in oil. The Shah's economy was destabilized, and disaffected elements mobilized to overthrow him. The U.S. had embarked on a long relationship with the autocratic Saudi kingdom that continues to this day.


Mirage

Mirage
Author: Aileen Keating
Publisher: Prometheus Books
Total Pages: 560
Release: 2012-05-25
Genre: Business & Economics
ISBN: 1615925384

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In this fascinating history of the discovery, development, and exploitation of Middle East oil, an international journalist tells a largely unknown story rich in drama, conflict, and comic interludes. Illustrations.


Carbon Democracy

Carbon Democracy
Author: Timothy Mitchell
Publisher: Verso Books
Total Pages: 289
Release: 2013-06-25
Genre: Political Science
ISBN: 1781681163

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“A brilliant, revisionist argument that places oil companies at the heart of 20th century history—and of the political and environmental crises we now face.” —Guardian Oil is a curse, it is often said, that condemns the countries producing it to an existence defined by war, corruption and enormous inequality. Carbon Democracy tells a more complex story, arguing that no nation escapes the political consequences of our collective dependence on oil. It shapes the body politic both in regions such as the Middle East, which rely upon revenues from oil production, and in the places that have the greatest demand for energy. Timothy Mitchell begins with the history of coal power to tell a radical new story about the rise of democracy. Coal was a source of energy so open to disruption that oligarchies in the West became vulnerable for the first time to mass demands for democracy. In the mid-twentieth century, however, the development of cheap and abundant energy from oil, most notably from the Middle East, offered a means to reduce this vulnerability to democratic pressures. The abundance of oil made it possible for the first time in history to reorganize political life around the management of something now called “the economy” and the promise of its infinite growth. The politics of the West became dependent on an undemocratic Middle East. In the twenty-first century, the oil-based forms of modern democratic politics have become unsustainable. Foreign intervention and military rule are faltering in the Middle East, while governments everywhere appear incapable of addressing the crises that threaten to end the age of carbon democracy—the disappearance of cheap energy and the carbon-fuelled collapse of the ecological order. In making the production of energy the central force shaping the democratic age, Carbon Democracy rethinks the history of energy, the politics of nature, the theory of democracy, and the place of the Middle East in our common world.


Oil Titans

Oil Titans
Author: Valerie Marcel
Publisher: Brookings Institution Press
Total Pages: 338
Release: 2007-05-01
Genre: Political Science
ISBN: 0815754728

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A Brookings Institution Press and Chatham House publication Ninety percent of the world's oil reserves are entrusted to state-owned companies. Originally created as political instruments, these so-called national oil companies (NOCs) face new demands amid today's dwindling oil reserves and simmering social pressures. Increasingly, state-owned oil firms—particularly in the Middle East—are having to balance the political demands of their governments with the need to be commercially competitive. In this ground-breaking new volume, Valerie Marcel draws on unprecedented access to the politicians, engineers; and businessmen directing five Middle Eastern state oil companies to shed light on one of the most secretive segments of the international oil industry. The author tells the stories of Saudi Aramco, Kuwait Petroleum Corp., the National Iranian Oil Co., Sonatrach of Algeria, and the Abu Dhabi National Oil Co.—oil titans which together produce one quarter of the world's oil and hold half of the world's known oil and gas reserves. Dr. Marcel explains the complex bond between each state and its oil company, tracing the relationship's evolution from the politically charged days of foreign concessions to today's world of profit-driven decisionmaking. Drawn from over 120 interviews with company executives, middle managers, and oil-ministry officials, the author identifies a number of surprising new trends in these companies' strategy, and she paints a picture of their nascent sense of corporate identity. The book provides rare, up-to-date insight into how state-owned companies are striking a balance between their national mission and their commercial needs. The book also provides an insider's guide to these companies' unique culture. Executives and researchers in the region—both inside and outside the oil industry—will find it a valuable tool for understanding business in the Middle East.


Oil, Power, and War

Oil, Power, and War
Author: Matthieu Auzanneau
Publisher: Chelsea Green Publishing
Total Pages: 674
Release: 2020-02-20
Genre: History
ISBN: 1603589783

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The story of oil is one of hubris, fortune, betrayal, and destruction. It is the story of a resource that has been undeniably central to the creation of our modern culture, and ever-present during the darkest exploits of empire the world over. For the past 150 years, oil has become the most essential ingredient for economic, military, and political power. And it has brought us to our present moment in which political leaders and the fossil-fuel industry consider extraordinary, and extraordinarily dangerous, policy on a world stage marked by shifting power bases. Upending the conventional wisdom by crafting a “people’s history,” award-winning journalist Matthieu Auzanneau deftly traces how oil became a national and then global addiction, outlines the enormous consequences of that addiction, sheds new light on major historical and contemporary figures, and raises new questions about stories we thought we knew well: What really sparked the oil crises in the 1970s, the shift away from the gold standard at Bretton Woods, or even the financial crash of 2008? How has oil shaped the events that have defined our times: two world wars, the Cold War, the Great Depression, ongoing wars in the Middle East, the advent of neoliberalism, and the Great Recession, among them? With brutal clarity, Oil, Power, and War exposes the heavy hand oil has had in all of our lives—and illustrates how much heavier that hand could get during the increasingly desperate race to control the last of the world’s easily and cheaply extractable reserves.