Private Empire: ExxonMobil and American Power by Steve Coll
My rating: 3 of 5 stars
This business history of Exxon and after Mobil was aquired, ExxonMobil is more exciting read than may be imaginged, but of course it is a relevant one in this Oil Age. A lot of the story as oil exploration brings proximity to war, revolution, and genocide reads like the boardroom view of the sme tale told in [b:Confessions of an Economic Hit Man|2159|Confessions of an Economic Hit Man|John Perkins|http://d.gr-assets.com/books/1309200153s/2159.jpg|1734580]. This includes a fair amount of detail on the bizarre, failed recent attempt to overthrow the government of Equatorial Guinea. The bizarre economics and shaky profit assessment of the most profital corporation is explored. At the end of this book that starts with the Valdez disaster (not related or solely related to a drinking captain, it is said), there is an overview of the Deepwater Hoirzon blowout event. The book suggets that BP was rampant with operations mismanagement before this, that it was industry known, and that Halliburton knowling sent unreliable concrete.
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