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Seizing Power

The Grab for Global Oil Wealth
in: Economics
Summary:

The book examines the global competition for oil, highlighting how countries and companies vie for control over the world's oil reserves. It delves into the political, economic, and social implications of this struggle, exploring the impact on global wealth and power dynamics.

Key points:

1. Resource Nationalism: Slater explains how oil-rich countries take control of their oil from international firms to increase sovereignty and profits, affecting global oil supply and prices.

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