Antonia Juhasz: The Tyranny of Oil

Juhasz investigates the true state of the U.S. oil industry—uncovering its virtually unparalleled global power, influence over our elected officials, its lack of regulatory oversight, the truth behind $150-a-barrel oil, $4.50-a-gallon gasoline, and the highest profit in corporate history. Exposing an industry that thrives on secrecy, Juhasz shows how Big Oil manages to hide its business dealings from policy makers, legislators, and most of all, consumers. She reveals exactly how Big Oil gets what it wants—through money, influence, and lies. The Tyranny of Oil offers both a new take on problems and a new set of solutions as Juhasz puts forward an immediate call to action—a formula for reining in the industry, its governmental lobbying power, environmental destruction, and violence while reducing global dependence on oil. Her thought-provoking answers to the most pressing energy questions speak directly to readers concerned about oil and gas prices, global warming, wars for oil, and America’s place in the world. With the major players in the world’s most powerful industry charged with collusion, price-gouging, anti-competitive behavior, and unabashed greed, Juhasz calls boldly for the breakup of Big Oil. Drawing on considerable historical research, Juhasz explores the parallels between today’s companies and Standard Oil, the most powerful corporation of the early 20th century, whose stranglehold on the economy and government was broken only by the vision and persistence of activists and like-minded politicians. We are in a similar position today, she argues, with the 2008 elections offering a unique opportunity for ordinary Americans to come together, reclaim their voices, and shore up our nation’s crumbling democratic foundation. The program was produced by Peninsula Peace and Justice Center in Palo Alto, CA, on November 1, 2008