Will Obama Rein In Big Oil? Clinton-Era Deregulation Helped Big Oil Get Bigger
In The Tyranny of Oil: The World’s Most Powerful Industry—and What We Must Do to Stop It Antonia Juhasz exposes the ways in which a half dozen oil companies have achieved control over American families and U.S. politics, triggering environmental and humanitarian catastrophes they have no intention of resolving.
Debunking industry claims over recent oil price escalation, Juhasz exposes how Big Oil has used techniques like speculative futures markets and the “Enron Loophole” — along with massive operations opacity — to reap record profits year after year while growing their political influence; indeed, Juhasz locates the current “oiligarchy” making “the most pressing decisions of our time.” Calling for a “Separation of Oil and State,” this excellent, wide-ranging study of disastrous monopoly capitalism should shake up notions that major energy players are interested in any alternative to more oil, money and power.
