Summary of Private Empire

ExxonMobil and American Power

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Private Empire book summary
ExxonMobil is a “private empire”: wealthy, global and geopolitically powerful.

Rating

8 Overall

8 Importance

7 Innovation

8 Style

Recommendation

ExxonMobil is a singular corporation. One of America’s most profitable companies year after year, the energy giant generates immense revenues from its oil and gas products, as well as almost constant publicity – both good and bad – about its global activities. Yet the public knows little about what really goes on inside ExxonMobil, whose top executives work in offices known as the “God Pod” in corporate headquarters nicknamed the “Death Star.” From its vast size to its huge earnings and global operations, everything about ExxonMobil is imposing, even intimidating. Pulitzer Prize-winning journalist Steve Coll’s definitive study – a factual compendium complete with statistics and insider interviews – is sure to become the standard reference work on a multinational corporation with enormous influence on US and global geopolitics. getAbstract recommends Coll’s reportorial achievement and informed analysis of an American colossus to executives, business historians and anyone interested in energy and finance.

In this summary, you will learn

  • How ExxonMobil has evolved over time
  • How its influential leaders have steered the company
  • How its policies and interests shape the US corporate and political environment
 

Summary

Big, Big, Big Oil
At Standard Oil’s pinnacle early in the 20th century, it monopolized 90% of the US oil market as the world’s original “integrated” oil firm. Energized by investigative reporter Ida Tarbell’s muckraking The History of the Standard Oil Company, populists worked...
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About the Author

Steve Coll, formerly The Washington Post’s managing editor, is the author of the Pulitzer Prize-winning Ghost Wars. He also writes for The New Yorker.


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