The Geopolitics of Cheap Oil

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Authors
Meierding, Emily
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2017-01-06
Date
January 6, 2017:
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Abstract
In the late 2000s, oil prices seemed poised for a permanent increase. Commentators lamented the end of “cheap oil” and predicted intensifying competition over the world’s dwindling petroleum supplies. However, when oil prices crashed at the end of 2014, the international energy landscape changed dramatically. Suddenly, oil-exporting and importing countries were faced with an oil glut. This talk explains why the price crash occurred and explores its geopolitical implications. In particular, it examines how oil-exporting countries are responding to their growing financial crises and how these responses could impact energy and political security in the United States.
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Poster
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NPS Defense Energy Seminar
Dr. Emily Meierding, Assistant Professor, National Security Affairs, Naval Postgraduate School||Video file unavailable without NPS login. The file of record is available at https://www.nps.edu/web/eag/seminar010617
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
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