The Geopolitics of Cheap Oil

January 07, 2016

Economists said the market would save the planet. It didn't. The market was supposed to save the planet. That, at least, was the argument of many economists grappling with the problem of climate change. As fossil fuels became scarcer, they pointed out, the price of oil and natural gas would go...

Are Falling Oil Prices an Opportunity for Asia?

January 20, 2015

How will the recent plunge in oil prices affect Asian countries? The major cause of the recent oil price fall is the increasing oil production in the United States, as advanced technology enables American oil companies to extract previously untapped shale oil and gas. Although remaining a...

Iraq: Sectarianism, Oil and the War in Syria (Part 2/2)

March 24, 2014

Maliki treats the breakdown of order in Iraq as a challenge to his rule. Iraq, a founding member of the Organization of the Petroleum Exporting Countries (OPEC), has large oil reserves which are unevenly spread across the country. As of January 2013, it also held...