Oil: a blessing and a curse at the same time. It is such a controversial topic - maybe that is the reason why it is so fascinating.
It's a blessing, of course - it is the source of energy par excellence, that allows the exporting countries to get ridiculously rich.
It's a curse, sure it is - in the countries in which you can find big oil fields, even though they are very different from each other (Venezuela and Algeria, Iran and Perù, Sudan and Saudia Arabia...), after the first drillings their standard of living have been declining. The author writes that in Venezuela, before the oil boom during the 70's, there was democracy and that the per capita income was the highest in South America. What happened? And what happened to Gabon? In 2002 Shell, Total and other oil companies extracted 250.000 b/d (barrels of oil per day), and for a couple of years Gabon became the biggest importer of champagne in the world... yes, a big celebration! and now? Now oil is getting scarce and just 1% of its lands is still cultivated... because, once again, after the boom of oil, the country started to import tomatoes from South Africa, potatoes from France...
Sonia Shah writes incredibly well. This book is a perfect balance of datas, history and opinions. It is such an eye-opening book! It talks about the environment, the people who exploit this source, the people who are exploited to get this source, and the people who used to be in the system and that now have realized that this system has to be changed.