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eBook
Crude Awakenings
2010,2004,2019
Overview
\"The real story of global oil over the past twenty-five years is
not about the spillover effects of Palestinians fighting Israelis,
or terrorist attacks on U.S. forces in Saudi Arabia and Yemen, or
Iraq's stormy relationship with Kuwait. It is not even about
periodic small- and large-scale U.S. attacks on Iraq. Rather, the
real story is about longer-term developments that have changed the
international relations of the Middle East, politics at the global
level, and world oil markets. These developments have increased oil
stability.\"-from the Introduction
Thirty years after OAPEC shattered world markets for oil, the
Western world remains profoundly dependent on foreign, particularly
Middle Eastern, sources of petroleum. U.S. political rhetoric is
suffused with claims about the vulnerability caused by this
dependence. Hence, many political analysts assume that a search for
stability of petroleum supplies is an important element of
contemporary American foreign policy.
Steve A. Yetiv argues that common assumptions about oil markets
are wrong. Although prices remain volatile, Yetiv's account
portrays a world market in petroleum products far more benign and
predictable than the one to which we are accustomed. In Crude
Awakenings , he identifies and analyzes real and potential
threats to the global energy supply, including wars, revolutions,
coups, dangerous alliances, oil embargoes, Islamic radicalism, and
transnational terrorism. However, he also shows how some of these
threats have been mitigated and how global oil security has been
reinforced.
Publisher
Cornell University Press
Subject
/ Business
/ BUSINESS & ECONOMICS / Industries / Energy
/ embargos
/ Energy
/ Middle East -- Foreign relations -- United States
/ OAPEC
/ Petroleum industry and trade
/ Petroleum industry and trade -- Middle East
/ POLITICAL SCIENCE & POLITICAL HISTORY
/ POLITICAL SCIENCE / History & Theory
/ POLITICAL SCIENCE / International Relations / General
/ Saudi Arabia -- Politics and government -- 1932
/ threats to global energy supply
/ U.S.A
ISBN
9780801442681, 0801442680, 9780801459429, 0801459427, 080147650X, 9780801476501
