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Crude World: The Violent Twilight of Oil

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  • Crude World: The Violent Twilight of Oil

    http://www.ft.com/cms/s/2/d4f6c74a-bf64-11de-a696- 00144feab49a.html

    Crude World: The Violent Twilight of Oil

    Crude World

    Review by Michael Peel

    Published: October 26 2009 05:22 | Last updated: October 26 2009 05:22

    Crude World: The Violent Twilight of Oil
    By Peter Maass
    *Allen Lane £20, 288 pages*
    FT Bookshop <http://www.ft.com/bookshop>: £16

    There's a polemical directness to *Crude World*, Peter Maass's tour of big
    oil and its myriad vices. Each of the 10 chapter headings comprises a single
    word. They begin with Scarcity and end in Mirage, taking in Plunder, Rot and
    Alienation on the way. The industry in the US is a `carnival of sin', he
    says. Maass quotes approvingly former US White House official Harold Ickes,
    who, in the 1930s wrote in his diary that `an honest and scrupulous man in
    the oil business' was `so rare as to rank as a museum piece'.

    This is the spirit that informs a short, sharp book that saw Maass visit 11
    countries, building on previous articles from half a dozen other `oilcentric
    nations'. It's a lot to pack in to a work of 200-plus pages. The pace is
    sometimes breathless. But Maass - a journalist and author of a book on the
    former Yugoslavia - succeeds in portraying an energy crisis mostly ignored
    or misunderstood in the developed world.

    *Crude World* serves as a warning to middle America - or indeed middle
    Britain, middle China or middle India - that decades of wanton consumption
    have created the seeds of the economic, environmental and moral destruction
    caused by the oil industry. `The end of the suburban lifestyle, hinged to
    two-car families and commutes to work, school and Walmart, will be just the
    first casualty,' Maass writes. There is more than a hint of glee when he
    argues that a decline in crude production looms in the medium-term, and `Big
    Oil is getting the reward it deserves: after more than a century of power
    and indecency, it is shrinking'.

    Each chapter highlights a dark facet of the oil world, whether that's
    militant uprisings in Nigeria, pollution in Ecuador, corruption in
    Azerbaijan or the fetid embrace between leading US companies and the
    dictatorial government of Equatorial Guinea. A recent British court case
    about oil trader Trafigura spilling toxic waste in Ivory Coast was another
    reminder of the price the industry has at times exacted on poorer nations.

    Maass is sceptical that producer nations will continue fuelling the west,
    China and India. He argues that Saudi Arabia, the world's largest producer,
    is a source of uncertainty because it isn't transparent about its oil
    resources, for example. And his visit to an Iraqi refinery reveals how
    unprepared the US was, post-invasion, to protect the oil infrastructure it
    was said to so desire.

    In Russia, he finds a country where `crude oil and political power are
    umbilically connected'. He quotes two experts who fear it could become, at
    worst, a dictatorial rentier state along the lines of Angola.

    The price of this broad scope is that the narrative is sometimes hurried and
    avenues are left unexplored. In Equatorial Guinea, he notes, `the ruling
    family, the government and the business elite are one and the same'. Though
    of course, even the US has seen father and son presidencies and former oil
    executives at the top of government.

    A chapter on the industry's leaders flirts with glibness when it observes
    that one executive was `not averse to becoming rich' or that oil managers as
    a class had a moral compass that `did not always point in a moral
    direction'.

    The author ends on a semi-hopeful note, with a visit to a Californian wind
    farm, which he sees as part of a better future after `the violent twilight
    of oil'. Three decades ago, he recalls, US President Jimmy Carter demanded
    the `moral equivalent of war' in the realm of energy, but this plea `went
    nowhere'. After this helter-skelter tour of an industry that is at once
    frighteningly powerful and strangely vulnerable, Maass has no doubts about
    the harshness of the age awaiting us if we continue to look away from the
    dark side of our crude world.

    *Michael Peel is author of `A Swamp Full of Dollars: Pipelines And
    Paramilitaries At Nigeria's Oil Frontier' (IB Tauris)*

    From: Emil Lazarian | Ararat NewsPress
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