Oil pulses through our daily lives. It is the plastic we touch, the food we eat, and the way we move. Oil politics in the twentieth century was about the management of abundance, state power, and market growth. The legacy of this age of plenty includes declining conventional oil reserves, volatile prices, climate change, and enduring poverty in many oil-rich countries. The politics of oil are now at a turning point, and its future will not be like its past.

In this in-depth primer to one of the world's most significant industries, authors Gavin Bridge and Philippe Le Billon take a fresh look at the contemporary political economy of oil. Going beyond simple assertions of peak oil and an oil curse, they point to an industry reordered by global shifts in demand toward Asia, growing reliance on unconventional reserves, international commitments to reduce carbon emissions, a growing campaign for fossil fuel divestment, and violent political struggles in many producer states.

As a new geopolitics of oil emerges, the need for effective global oil governance becomes imperative. Highlighting the growing influence of civil society and attentive to the efforts of firms and states to craft new institutions, this fully updated second edition identifies the challenges and opportunities to curtail price volatility, curb demand and the growth of dirty oil, decarbonize energy systems, and improve governance in oil-producing countries.

About the Author

Gavin Bridge is Professor in the Department of Geography at Durham University.

Philippe Le Billon is Professor in the Department of Geography and Liu Institute for Global Issues at the University of British Columbia.

Reviews

"The new edition of Oil is the best available guide to the new geopolitics of hydrocarbons."
Michael Ross, University of California Los Angeles

"This trenchant analysis shows how intimately intertwined oil has become with everyday life and offers compelling reasons why things need to change. Essential reading for anyone wishing to learn more about one of society's favorite fossil fuels."
Benjamin Sovacool, University of Sussex

Book Information
ISBN 9781509511730
Author Gavin Bridge
Format Paperback
Page Count 288
Imprint Polity Press
Publisher John Wiley and Sons Ltd
Weight(grams) 363g
Dimensions(mm) 206mm * 145mm * 25mm