The historical development of capital has produced a progressive increase in the demand for raw material and has consequently resulted in the concentration of capital in, and the geographical expansion of, the production of natural resources, globalizing and intensifying the competition for the control of production and markets.

This book is an attempt to explain, at the theoretical and empirical level, the relationship between the production of oil and the process of inter-capitalist competition in the global economy, and why it is necessary to appreciate the underlying...