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How can the industrialized countries reduce their vulnerability to supply disruptions caused by continued dependence on foreign sources of oil? How can access to Middle East oil be made more secure? These are the core questions that arise from a new worldwide energy situation in which the industrialized countries have remained dependent on oil and oil imports for their economic, political, and military well-being, while control of these resources has passed to an increasingly small number of less-developed countries whose interests do not automatically or necessarily coincide with those of the consuming, industrialized countries. With a focus on these questions, The Geopolitics of Energy analyzes the present worldwide energy situation and its likely evolution over the remainder of the century. The authors consider likely developments in coal, gas, and nuclear energy; the outlook for oil, which will remain the dominant energy source at least through the 1990s; and the implications of this energy outlook for U.S. foreign policy, intra-Western alliance relations, and North-South and East-West relations. Identifying the issues that will concern governments as long as the need for oil is pervasive-until alternative energy sources begin contributing significantly to world energy supply-the authors conclude with policy recommendations for the United States based on their analysis of the energy situation and its consequences. This book is based on a report prepared for the U.S. Department of Defense.
This first of two volumes of collected papers and essays charts the sequence of significant developments over the past 40 years of the most international of industries—that of gas and oil. Explained are the physical attributes of oil and gas resources, reserves, and supply in their economic and political settings, with an emphasis on the quantities. This book also explores the economic and political inputs to the global oil and gas industry’s organization and markets since the early 1960s and the consequences of a loss of control, not only for the industry itself, but also for the western world’s economy and its political stability.