diff --git a/lib/oga.rb b/lib/oga.rb
index 239ac83..797fab7 100644
--- a/lib/oga.rb
+++ b/lib/oga.rb
@@ -5,6 +5,7 @@ require 'thread'
 
 require_relative 'oga/version'
 require_relative 'oga/oga'
+require_relative 'oga/lru'
 
 # Load these first so that the native extensions don't have to define the
 # Oga::XML namespace.
diff --git a/lib/oga/lru.rb b/lib/oga/lru.rb
new file mode 100644
index 0000000..378e414
--- /dev/null
+++ b/lib/oga/lru.rb
@@ -0,0 +1,140 @@
+module Oga
+  ##
+  # Thread-safe LRU cache using a Hash as the underlying storage engine.
+  # Whenever the size of the cache exceeds the given limit the oldest keys are
+  # removed (base on insert order).
+  #
+  # This class uses its own list of keys (as returned by {LRU#keys}) instead of
+  # relying on `Hash#keys` as the latter allocates a new Array upon every call.
+  #
+  # This class doesn't use MonitorMixin due to the extra overhead it adds
+  # compared to using a Mutex directly.
+  #
+  # Example usage:
+  #
+  #     cache = LRU.new(3)
+  #
+  #     cache[:a] = 10
+  #     cache[:b] = 20
+  #     cache[:c] = 30
+  #     cache[:d] = 40
+  #
+  #     cache.keys # => [:b, :c, :d]
+  #
+  class LRU
+    ##
+    # @param [Fixnum] maximum
+    #
+    def initialize(maximum = 1024)
+      @maximum = maximum
+      @cache   = {}
+      @keys    = []
+      @mutex   = Mutex.new
+      @owner   = Thread.current
+    end
+
+    ##
+    # Returns the value of the key.
+    #
+    # @param [Mixed] key
+    # @return [Mixed]
+    #
+    def [](key)
+      return synchronize { @cache[key] }
+    end
+
+    ##
+    # Sets the key and its value. Old keys are discarded if the LRU size exceeds
+    # the limit.
+    #
+    # @param [Mixed] key
+    # @param [Mixed] value
+    #
+    def []=(key, value)
+      synchronize do
+        @cache[key] = value
+
+        @keys.delete(key) if @keys.include?(key)
+
+        @keys << key
+
+        resize
+      end
+    end
+
+    ##
+    # Returns a key if it exists, otherwise yields the supplied block and uses
+    # its return value as the key value.
+    #
+    # @param [Mixed] key
+    # @return [Mixed]
+    #
+    def get_or_set(key)
+      return synchronize { self[key] ||= yield }
+    end
+
+    ##
+    # @return [Array]
+    #
+    def keys
+      return synchronize { @keys }
+    end
+
+    ##
+    # @param [Mixed] key
+    # @return [TrueClass|FalseClass]
+    #
+    def key?(key)
+      return synchronize { @cache.key?(key) }
+    end
+
+    ##
+    # Removes all keys from the cache.
+    #
+    def clear
+      synchronize do
+        @keys.clear
+        @cache.clear
+      end
+    end
+
+    ##
+    # @return [Fixnum]
+    #
+    def size
+      return synchronize { @cache.size }
+    end
+
+    alias_method :length, :size
+
+    private
+
+    ##
+    # Yields the supplied block in a synchronized manner (if needed). This
+    # method is heavily based on `MonitorMixin#mon_enter`.
+    #
+    def synchronize
+      if @owner != Thread.current
+        @mutex.synchronize do
+          @owner = Thread.current
+
+          yield
+        end
+      else
+        yield
+      end
+    end
+
+    ##
+    # Removes old keys until the size of the hash no longer exceeds the maximum
+    # size.
+    #
+    def resize
+      return unless size > @maximum
+
+      to_remove = @keys.shift(size - @maximum)
+
+      to_remove.each { |key| @cache.delete(key) }
+    end
+  end # LRU
+end # Oga
diff --git a/spec/oga/lru_spec.rb b/spec/oga/lru_spec.rb
new file mode 100644
index 0000000..bba3f9f
--- /dev/null
+++ b/spec/oga/lru_spec.rb
@@ -0,0 +1,162 @@
+require 'spec_helper'
+
+describe Oga::LRU do
+  describe '#[]' do
+    it 'returns nil for a non existing key' do
+      described_class.new[:a].should be_nil
+    end
+
+    it 'returns the value of an existing key' do
+      cache = described_class.new
+
+      cache[:a] = 10
+
+      cache[:a].should == 10
+    end
+  end
+
+  describe '#[]=' do
+    it 'sets the value of a key' do
+      cache = described_class.new
+
+      cache[:a] = 10
+
+      cache[:a].should == 10
+    end
+
+    it 'resizes the cache if the new amount of keys exceeds the limit' do
+      cache = described_class.new(1)
+
+      cache[:a] = 10
+      cache[:b] = 20
+
+      cache.keys.should == [:b]
+    end
+
+    it 'adds duplicate keys at the end of the list of keys' do
+      cache = described_class.new
+
+      cache[:a] = 10
+      cache[:b] = 20
+      cache[:a] = 30
+
+      cache.keys.should == [:b, :a]
+    end
+
+    describe 'using multiple threads' do
+      it 'supports concurrent writes' do
+        cache   = described_class.new
+        numbers = 1..10
+
+        each_in_parallel(numbers) do |number|
+          cache[number] = number
+        end
+
+        numbers.each do |number|
+          cache[number].should == number
+        end
+      end
+
+      it 'supports concurrent resizes' do
+        cache   = described_class.new(5)
+        numbers = 1..10
+
+        each_in_parallel(numbers) do |number|
+          cache[number] = number
+        end
+
+        cache.size.should == 5
+      end
+    end
+  end
+
+  describe '#get_or_set' do
+    it 'sets a non existing key' do
+      cache = described_class.new
+
+      cache.get_or_set(:a) { 10 }.should == 10
+    end
+
+    it 'returns the value of an existing key' do
+      cache = described_class.new
+
+      cache[:a] = 10
+
+      cache.get_or_set(:a) { 20 }.should == 10
+    end
+
+    describe 'using multiple threads' do
+      it 'only sets a key once' do
+        cache = described_class.new
+
+        cache.should_receive(:[]=).once.and_call_original
+
+        each_in_parallel([1, 1, 1]) do |number|
+          cache.get_or_set(number) { number }
+        end
+      end
+    end
+  end
+
+  describe '#keys' do
+    it 'returns the keys of the cache' do
+      cache = described_class.new
+
+      cache[:a] = 10
+      cache[:b] = 20
+
+      cache.keys.should == [:a, :b]
+    end
+
+    it 'returns the keys without any duplicates' do
+      cache = described_class.new
+
+      cache[:a] = 10
+      cache[:a] = 20
+
+      cache.keys.should == [:a]
+    end
+  end
+
+  describe '#key?' do
+    it 'returns true for an existing key' do
+      cache = described_class.new
+
+      cache[:a] = 10
+
+      cache.key?(:a).should == true
+    end
+
+    it 'returns false for a non existing key' do
+      cache = described_class.new
+
+      cache.key?(:a).should == false
+    end
+  end
+
+  describe '#clear' do
+    it 'removes all keys from the cache' do
+      cache = described_class.new
+
+      cache[:a] = 10
+
+      cache.clear
+
+      cache.size.should == 0
+    end
+  end
+
+  describe '#size' do
+    it 'returns 0 for an empty cache' do
+      described_class.new.size.should == 0
+    end
+
+    it 'returns the number of keys for a non empty cache' do
+      cache = described_class.new
+
+      cache[:a] = 10
+
+      cache.size.should == 1
+    end
+  end
+end
diff --git a/spec/spec_helper.rb b/spec/spec_helper.rb
index 0815113..0fb1667 100644
--- a/spec/spec_helper.rb
+++ b/spec/spec_helper.rb
@@ -8,12 +8,14 @@ end
 require_relative '../lib/oga'
 require_relative 'support/parsing_helpers'
 require_relative 'support/evaluation_helpers'
+require_relative 'support/threading_helpers'
 
 RSpec.configure do |config|
   config.color = true
 
   config.include Oga::ParsingHelpers
   config.include Oga::EvaluationHelpers
+  config.include Oga::ThreadingHelpers
 
   config.expect_with :rspec do |c|
     c.syntax = [:should, :expect]
diff --git a/spec/support/threading_helpers.rb b/spec/support/threading_helpers.rb
new file mode 100644
index 0000000..afea5db
--- /dev/null
+++ b/spec/support/threading_helpers.rb
@@ -0,0 +1,25 @@
+module Oga
+  module ThreadingHelpers
+    ##
+    # Iterates over the enumerable using a separate thread for every value. This
+    # method waits for all threads to complete before returning.
+    #
+    # @example
+    #  each_in_parallel([10, 20]) do |value|
+    #    puts value
+    #  end
+    #
+    # @param [Enumerable] enumerable
+    # @yieldparam [Mixed]
+    #
+    def each_in_parallel(enumerable)
+      threads = []
+
+      enumerable.each do |value|
+        threads << Thread.new { yield value }
+      end
+
+      threads.each(&:join)
+    end
+  end # ThreadingHelpers
+end # Oga