Hardly a day goes by in which oil--whether in terms of its price, its impact on the economy, its role in international relations and in the environment--is not in a major newspaper story or in the television news or a hot topic on the blogs.For me, the story of oil is the story of globalization. While I am sure there were other commodities that influenced the international decision-making of the most powerful countries throughout history, reading The Prize impressed on me the fact that the decisions countries have made about oil have been the decisions that bound this world into such a tightly interconnected web of interlocking politics and economies.
Policies around almost every aspect of our daily lives are influenced by the location, control, price, and availability of oil. From the current political boundaries of states the world around to the reason your toothbrush is shaped like it is, oil has had a determining role in our reality.
And now with the globe thoroughly globalized, we find that we have created a system we no longer control. Echoing Churchill, the systems we create will later create us. What we do, from our politicians votes in Washington to our dollar choices at the grocery store, now directly affects others who we will never meet and who's existence if often unknown to us.
Where the Butterfly Effect receives much attention for what it reveals about the complexity and inter-connectivity of the world, we've managed to increase the speed to such an extent that processes that took millions of years now take seconds.
If you would like to learn about oil, read The Prize. You'll find out that you learn about much more than oil.