The Squeeze is marketed as a “groundbreaking new study of the entire industry”; a tall order, given the size of the world’s largest industry. Happily, it is accurate advertising, as Bower introduces us to an astonishing number of different aspects of the industry, and manages somehow to have an insiders’ perspective on each. The style more »
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Question: When is an oil company not an oil company? Answer: When it's a security contractor, a bank, a derivatives trader or manipulator of stock market value... The news this week that Heritage Oil was quietly advertising itself to those in the know as advisers to the new Libyan government, beginning with the advice that they, the Libyans, place private security operatives all across the oil fields, was hardly surprising.