Professor of Politics and International Affairs, Princeton University
Professor of Politics and International Affairs at Princeton University; former Deputy Assistant for National Security Affairs in the Office of the Vice President (2003-2005)
PROFILE
Aaron Friedberg
Guest
FROM Aaron Friedberg
Which Way, L.A.?
High Oil Prices Shifting Global Wealth and Power A decade ago, oil prices hovered near $20 a barrel and national security experts talked about missiles not pipelines. But the war in Iraq, instability in the Middle East and soaring energy demand have made oil an unsettling global issue. Today, as the US finds itself competing with China to lock up new oil supplies, oil prices hover near $100 a barrel , hurting US consumers but sending hundreds of billions of dollars to Venezuela and Iran, which have become major irritants to Washington. How is this flood of petro-dollars affecting American security? How is the US economy coping? Can the US ever cut its oil dependence? How have surging oil prices rearranged global politics?
To the Point
High Oil Prices Shifting Global Wealth and Power A decade ago, oil prices hovered near $20 a barrel and national security experts talked about missiles not pipelines. But the war in Iraq, instability in the Middle East and soaring energy demand have made oil an unsettling global issue. Today, as the US finds itself competing with China to lock up new oil supplies, oil prices hover near $100 a barrel , hurting US consumers but sending hundreds of billions of dollars to Venezuela and Iran, which have become major irritants to Washington. How is this flood of petro-dollars affecting American security? How is the US economy coping? Can the US ever cut its oil dependence? How have surging oil prices rearranged global politics?
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