This informative survey of the global oil and gas industry covers both its changes and its continuities. The reader is introduced to what is happening in both producer and consumer states, to governments and corporations, to current trends and likely future developments. Fundamental questions are asked: notably who benefits? Why is the economic development record of so many oil exporting states so abysmal? How does oil extraction exacerbate ethnic and regional tensions in the world? What are the human rights and environmental issues involved? Above all, what future for fossil fuels as our climate changes? This account is vital reading for anyone wanting to understand the impact of oil and gas on our world today.

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