Peak Oil News - Who Owns the World's Oil?

The struggles over the ownership of the two most important political liquids of this era, petroleum and water, have had different fates. Though water has been claimed to be either private, state or common property throughout history, the novel feature of this period has been the move by corporations to totally privatize it.

The powerful struggles against this corporate privatization of water from Cochabamba in Bolivia to Soweto in South Africa have focused world attention on the question: Who owns water? The consequent efforts to keep water as a common property on a local and global level are now some of the most important initiatives of the anti-globalization movement.