Tag: Energy
Oil-rich America set to ‘drill-baby-drill’
Richard Nixon was the first U.S. president to vow and fail to wean the United States off its dependency on Middle Eastern oil. Barack Obama will be the last. The United States today has the wherewithal to become independent in energy. Once Obama goes, it will also have the will. Obama and previous presidents failed […]
Shale gas, shale oil: Peaking upward
At the beginning of the last decade, many energy market forecasters and analysts foresaw a transformation of natural gas markets into something akin to the world crude oil market. Basically, the world’s three main regional natural gas markets (Asia, Europe and North America) which, to date, had evolved mostly independently, would become much more integrated […]
Gas and oil galore
“Control energy and you control the nations.” This thesis, as advocated by Henry Kissinger, might not be the most original theory that advances our understanding of politics, particularly in the arena of international relations. Determinism of this sort unduly diminishes the role of other, non-materialistic factors in the fortunes of nations, for if it were […]
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