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Private Empire: ExxonMobil and American Power, by Steve Coll
Ebook Free Private Empire: ExxonMobil and American Power, by Steve Coll
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From Bookforum
Coll employs language that’s plain, clear, and free of accusation. Though some of the details recounted across the sprawling narrative of Private Empire are outrageous, the reporting is deep and fair. — Coral Davenport
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About the Author
Steve Coll is most recently the author of the New York Times bestseller The Bin Ladens. He is the president of the New America Foundation, a nonpartisan public policy institute headquartered in Washington, D.C., and a staff writer for The New Yorker. Previously heworked for twenty years at The Washington Post, where he received a Pulitzer Prize for explanatory journalism in 1990. He is the author of six other books, including the Pulitzer Prize-winning bestseller Ghost Wars.
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Product details
Hardcover: 685 pages
Publisher: The Penguin Press; 1st edition (May 2012)
Language: English
ISBN-10: 9781594203350
ISBN-13: 978-1594203350
ASIN: 1594203350
Product Dimensions:
6 x 1.5 x 9 inches
Shipping Weight: 2.2 pounds (View shipping rates and policies)
Average Customer Review:
4.4 out of 5 stars
227 customer reviews
Amazon Best Sellers Rank:
#443,814 in Books (See Top 100 in Books)
Private Empire provides a very interesting view behind the scene of the world's biggest oil company across the decades. It shows the good, the bad and the ugly of the firm and it's leaders against the backdrop of historical events in the (oil) world. Exxon provided and provides great wealth for shareholders, employees and host countries, but also was and partly is silent where host countries commit atrocities, don't respect human rights or misuse the wealth Exxon helps them to extract from oil. The understandable reasoning is that this is not the job of a company. Still, this leads to some bitter outcomes. The book provides for fascinating reading. The only thing missing is a deeper understanding of the motivations of the key players, the CEO's of Exxon. They come off as rather one-dimensional, which may well be true and certainly results from describing the actions of the players through the eyes of an independent observer, but some colour provided by the CEO's would have made the book even more interesting. Still, this is a great book.
I expected this book to be a left-wing assault on one of the best run, profitable companies in America. Boy was I wrong! I found Coll to have been stuck to his aim to present ExxonMobil as a powerful "Empire" whose influence cannot be ignored in American society and government. I found Coll to be unbiased, fair, and quite knowledgeable on a subject that he--and certainly I--was not here-to-fore was not well-informed. Despite climate concerns most Americans share, Coll did an excellent job showing how vital the major oil companies like ExxonMobil are to meeting the energy demands of our world, as we collective endeavor to find cleaner ways to meet the demands. I feel I have a much more balanced picture of the complex and inter-related world of oil and natural gas. Full disclosure: I read the book to understand the company my Chemical Engineer son now works for and speaks so glowingly about. Coll was amazingly accurate in describing the"OIMS" (Operational Integrity Management Systems) culture of post-vales ExxonMobil. He was spot on, too, in the engineering excellence, cost-conscious, highly regimented and disciplined EOM workplace. "Sanctity of contracts," as he frequently noted, is part of the DNA of the company. A must read for those who want a balanced picture of this American Icon company.
A great book on several different levels. An in-depth look at a huge energy company that is well-written, interesting, and seems to be a fairly objective narrative about a company that the average person knows little about. The book starts with the Exxon Valdez disaster in 1989, so if you are looking for a complete company history, you will have to look elsewhere, but there are several avenues for that information if you are so inclined. I read books on history, economics, business and the like constantly, as this is an area of great interest for me, so I was already well-versed in the company's earlier history. Some have criticized the book as being too detailed, but I didn't get that feeling, to me it was simply a well-researched book with a lot of depth. You really get a good look at the current CEO, Rex Tillerson, and the former CEO, Lee (Iron Ass) Raymond, and by gaining a better understanding of them, you also get a better idea of how and why ExxonMobil has evolved into the company it is today. This is also a great look at the oil industry in general, since ExxonMobil is an integrated super-major oil company, meaning that it encompasses both upstream (oil exploration and production) and downstream (refining, marketing, and retail) components, along with a huge chemicals division. Coll does an excellent job of putting a human face on what at first glance would seem to be just another huge, shadowy corporation. There is a lot of information here, but it is presented in an interesting and highly readable format, you don't feel like you are being force-fed dry factoids. This is the second book I've read by Steve Coll, "The Bin Ladens" was also very good, it was an interesting read, especially about the family business. Anyway, I truly enjoyed Private Empire, and I recommend it highly.
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