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Empires of Oil: Corporate Oil in Barbarian Worlds by Duncan Clarke

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2Myths and models

There is no shortage of interpretations of the shape, history, and future of world oil. They reflect a variety of interests, ideologies, and theories, sometimes in contradictory manner. We need to untangle these interpretations, select the best, most accurate, ideas, and build a more profound model. Here we look in turn at the perspectives of historiography, economics and geopolitics.

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There have been numerous historical studies of the hydrocarbons business, variously focused on governments, companies, personalities (from John D. Rockefeller to Lee Raymond, once of ExxonMobil), oil crises and oil-related wars. Perhaps the most ...

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