The perils and profit of `Private Empire:’ Friday Bookshelf

In today’s Friday Bookshelf, I discuss Private Empire: ExxonMobil and American Power by New Yorker writer Steve Coll. As you might expect from Coll, the book is thoroughly researched, and it spans the changes within Exxon from the Valdez spill to the Deepwater Horizon disaster. It also shows the evolution of Exxon’s corporate thinking on issues such as climate change, and how the company wields its influence in Washington and around the world.

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About The Author

Loren Steffy is the business columnist for the Houston Chronicle. His column appears in on Wednesdays, Fridays and Sundays. He is also the author of "Drowning in Oil: BP and the Reckless Pursuit of Profit," and "The Man Who Thought Like a Ship."