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'The Squeeze' is an invaluable account of the modern oil industry and vital to understanding the awful truth about the current disaster in the Gulf of Mexico. With unprecedented access to their engineers and executives in London and Houston, Tom Bower tells the inside story of BP's history of alleged negligence.Over the last 20 years, oil prices have soared from $7 a barrel to $147 and down to $37. Amid economic boom and bust, speculators, traders, politicians and monarchs have plotted to earn fortunes from oil, and prayed for salvation from unpredictable natural and man-made disasters.
This book investigates the internal corporate culture and operational history of BP to explain the systemic failures that led to the catastrophic oil disaster in the Gulf of Mexico. Author Tom Bower, an investigative journalist, utilizes unprecedented access to high-level engineers and executives in London and Houston to document the company's trajectory. He argues that a pattern of negligence and profit-driven decision-making defined the organization's response to volatile global oil markets and environmental risks.
What You Will Find
The text provides a dense, investigative look at the mechanics of the modern oil industry through the lens of a specific corporate entity. Its focus on internal access and historical context suggests a work intended for readers seeking a critical examination of corporate accountability in the energy sector.
Page Count:
576
Publication Date:
2010-01-01
Publisher:
Harper Press
ISBN-10:
0007276559
ISBN-13:
9780007276554
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