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All items tagged oil dependencyOpen Think Tank ArticlesJune 12, 2008 | Expansion Does Not Solve NATO's DilemmaJens F. Laurson and George A. Pieler: NATO is trying to expand its military wing to more countries, which used to be “the enemy,” in its effort to secure its future. However, Europe’s reliance on imported oil should be considered before alienating exporters like Russia in the attempt of reinventing NATO’s aging alliance. ... MoreApril 25, 2008 | Outrage Over Nord Stream Deal Seems to Have Died in GermanyDavid Francis: Why is everyone outside of Germany worried about Nord Stream, while people in Germany seem okay with it? By looking at the United States, it’s apparent that it’s easier to ignore reliance on imported energy than it is to confront the problem. ... MoreGlobal Must Read ArticlesSeptember 17, 2008 | End the Blackmail of the Strong by the WeakOil prices have tripled in the last seven years and if they continue to rise, it may have profound political consequences. ++ Oil-consuming nations shouldn’t become hostages of the oil-producing countries – they must “end the blackmail of the strong by the weak.” ++ Reducing the price of oil by eliminating the speculative pressures behind price rises must be the paramount ... MoreJuly 21, 2008 | Gore Calls for Carbon-Free Electric PowerFormer Vice President Al Gore said that Americans must abandon electricity generated by fossil fuels within a decade. ++ Although his engagement against global warming is well known, Gore argued in this speech that the reasons for renouncing fossil fuels go far beyond environmental concern. ++ He cited military-intelligence studies warning of “dangerous national security implications” tied to ... MoreJuly 10, 2008 | China's Growing Economy Might Bust the Oil BubbleEconomists are baffled why higher oil prices and higher demand has not lead to higher production. ++ The answer is: the “China bubble.” ++ Oil producing countries are leaving oil in the ground, in hopes that China’s consumptions and readiness to pay higher prices will increase over time. ++ Low US interests rates deter further drilling, as invested US Dollars are less lucrative. ... MoreJuly 9, 2008 | America Must Not Drain its Wealth on OilAt current consumption rates, the US will spend over $10 trillion on oil imports over the next 10 years. ++ This will constitute the largest transfer of wealth in human history. ++ The only alternative is homegrown energy. ++ Between western Texas and Canada, wind turbines could generate up to 20% of the US’ domestic electricity needs. ++ This would free up our natural gas reserves for ... MoreJuly 2, 2008 | Recession Pushes the Planet Down the AgendaA recent Ipsos Mori poll suggests a gradual loss of interest in the issue of climate change. ++ The specter of recession intensifies political pressure to abandon green policies. ++ Governments try to save the economy and the planet at the same time though these two aims are contradictory. ++ They base their policies on the false assumption that there is a cheap alternative to a green economy. ++ ... MoreJune 9, 2008 | German-Russian Friendship: A Dangerous AssumptionWhile Medvedev “struck a friendly pose in Berlin,” future action or lack of thereof will be the true test of Russian-German relations. ++ Germany must be careful to avoid becoming “a mouthpiece of Russian interests” and hurting its relations with other Western powers. ++ Russia’s newfound confidence will affect all of its partners and its new leader is unlikely to make significant changes to ... MoreApril 30, 2008 | Drilling Could Solve the US Oil ShortageSurprisingly, the US is the world’s third-largest oil producer, with potential to more than double its current output. ++ In addition, all three presidential candidates preach for “energy independence.” ++ So why does the US import up to 60% of its oil? ++ Exaggerated environmental fears, strong prejudices against oil companies and sheer stupidity. ++ Environmentally, ... MoreMarch 13, 2008 | The Threat of OPEC Acting Like a True CartelSoaring oil prices are the result of underestimation of demand, overestimation of supply, depressed production outside OPEC, and the latter’s recent regulation of supply. ++ OPEC’s actions are preventing using oil prices to correct economic slowdown and the drop in purchasing power. ++ Without curbing imports and diversifying its sources of supply, the US CommentsAugust 8, 2007 | Engdahl is right about one thing but it shows...May 15, 2007 | Agreeing on and implementing a common defense... |
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