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

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12Clash of cultures inworld oil’s future

If Machiavelli could survey the shifting world oil game, what finally would that sage of statecraft find? It would be that a new paradigm with resource nationalism, neither yet universal nor unique in history, has emerged in which an apparent irrevocable squeeze is being applied to corporate oil; that companies will need to find new strategies to survive the longer term; that many can and will probably do so, since we are not yet witnessing the ultimate end of corporate oil. Meanwhile, the march towards an end-game, in the form of continuous reshaping, carries on, even if it will be an exceedingly long one that will probably span the century. It is likely, however, that this future trajectory will be ...

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