![]() ![]() In essence the petroleum industry is a corrosive and corrupting force both domestically and internationally. ![]() this perpetuates dictatorships and weakens struggling democracies on a global scale. worse than that, there is an implicit economic incentive structure for major players to seek out countries with weak political structures and exploit them for their natural resources. in essence, the industry represents the worst aspects of capitalism run amuck, where the only true loyalty is not to country or set of common governing ethics, but the search for PROFIT and VALUE to shareholders. in many ways BLOWOUT : CORRUPTED DEMOCRACY, ROGUE STATE RUSSIA AND THE RICHEST, MOST DESTRUCTIVE INDUSTRY ON EARTH( CROWN, 2019) by RACHEL MADDOW is a bit of a primer to understanding the current geopolitical climate surrounding the pernicious global effect of the oil and gas industry. I recently sought out this book in the aftermath of recent major internal changes at SHELL, CHEVRON and EXXON-MOBIL. ![]()
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