1. The President and the King—Key Messages of the Book
2. The Energy Revolutions—A Primer
Geopolitics in Flux—The Players
3. Choices—Scenarios, and the Choice the Powers Confront
4. Rough Seas Ahead—The Great Powers' Search for Energy Security
Globalization and Complexity—The Problems
5. Transition in the Gulf
6. The Turbulent Middle
7. Fragile States
8. The Russian Problem
9. Connections—from Pipelines to Politics
10. An Emerging System of Global Energy Governance
11. Leadership Choices
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 towards Asia, growing reliance on unconventional reserves, international commitments to reduce carbon emissions and a growing campaign for fossil fuel divestment, and violent political struggles in 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.