Big Oil's Secret Strategy to Keep Winning

Despite countless investigations, lawsuits, social shaming, and regulations dating back decades, the oil and gas industry remains formidable. After all, it has made consuming its products seem like a human necessity. It has confused the public about climate science, bought the eternal gratitude of one of America's two main political parties, and repeatedly out-maneuvered regulatory efforts. And it has done all this in part by thinking ahead and then acting ruthlessly. While the rest of us were playing checkers, its executives were playing three-dimensional chess.

Take this brief tour of the industry's history,...