The Color of Oil : The History, the Money and the Politics of the World's Biggest Business

Author: Michael Economides, Ronald Oligney, Armando Izquierdo, Micheal Economides
List Price: $24.95
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ISBN: 0967724805
Publisher: Round Oak Publishing Company (01 March, 2000)
Sales Rank: 16,806
Average Customer Rating: 3.94 out of 5

Customer Reviews

Rating: 4 out of 5
Good Overview of the Industry
The book provided a good overview of the industry for those not in the oil business.

The analogy to colors provided a good reminder of each section. The authors did a good job in helping the reader to have an understanding of the industry within the context of history and economic conditions.

A good read.....not too intimidating nor too technical. A quick read as well. Written so as not to lose the reader.


Rating: 5 out of 5
At last! Clear thinking and writing about a murky industry
With a one-two punch of factual data and anecdotal stories, Economides and Oligney peel open the somewhat dark and mysterious ways of petroleum in modern culture and commerce. It was particularly fascinating (and somewhat gratifying) to read how the oil industry's own political self-dealing for the first half of the twentieth-century (always with the more-than-willing assistance of supposedly populist politicians) nearly led to its own demise in the 1970s and 80s... And, the impact of those lessons in the so far relatively laissez faire 90s and 00s and into the next century.

I am somewhat baffled by the assertions of reviewer Stephen Mark, especially about the book's "extremely political" and "ungrammatical" nature. If anything, The Color of Oil exposes the foibles of politics and is an appeal to reason, which of course, is essentially (in the truest sense) apolitical. I found the book well-written and entertaining. Check out the anecdote about Stalin's admonition to his oil minister during WWII: "if Hitler gets one drop of oil, we will shoot you..." I won't give the rest away...

If you're the least bit interested in the oil industry, you are in for a real treat...


Rating: 2 out of 5
Not that interesting
I have been dragging my feet to finish reading this book. It is not well-organized and full of opinions without solid arguments. Therefore, it is dry and hard to read. To the author's credit, a lot is covered in this thin book. If it had been expanded, the reader could have enjoyed it more.

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