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" Myths of the oil boom : "
Steve A. Yetiv
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BL
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| Record Number
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623374
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| Doc. No
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dltt
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| Main Entry
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Yetiv, Steven A.
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| Title & Author
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Myths of the oil boom : : American national security in a global energy market /\ Steve A. Yetiv
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| Page. NO
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xii, 257 pages ;; 25 cm
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| ISBN
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9780190212698
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: 0190212691
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| Bibliographies/Indexes
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Includes bibliographical references and index
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| Contents
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Machine generated contents note: -- 1. Introduction: The Nexus Between Oil and Security -- I. Oil markets, politics and prices -- 2. America's oil production boom will lower oil prices -- 3. Saudi Arabia is an OPEC oil price dove -- 4. U.S. Presidents can influence oil and gasoline prices -- II. The Geopolitics of Oil -- 5. More American oil, less Persian Gulf intervention -- 6. Oil supply disruptions are really dangerous -- 7. America's oil consumption is only a drag -- III. The Costs of Oil Use -- 8. Gasoline costs what you pay at the pump -- 9. America wants to steal Middle East oil -- 10. Big Oil companies dominate world oil -- 11. The U.S. oil boom should erase peak oil concerns -- IV. Conclusions -- 12. Part Truths about Energy Solutions -- 13. Conclusion: The Synergistic Strategy for Real Oil Security
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| Abstract
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"The last decade has seen a far-reaching revolution in the oil industry, both in the US and globally. By some measures, America is on pace to become the world's biggest oil producer in the next decade, an outcome that was inconceivable just a few years ago. But does this shift mean that the US will no longer be beholden to foreign autocrats? That prices will go down for consumers? That the global oil supply is less susceptible to shocks? In The American Oil Boom, Steve A. Yetiv, an award-winning expert on the geopolitics of oil, takes stock of our new era of heightened petroleum production and sets out to demolish both the old myths and misconceptions about oil as well as the new ones that are quickly proliferating. As he explains, increased production in the US will not lead to a reduction in prices, in part because oil is globally traded and OPEC will defend against low prices. America will not intervene less in the Persian Gulf just because it is producing more oil domestically. Saudi Arabia is less willing or able to play global gas pump to the world economy than in the past. Building an electric car industry does not mean that consumers will buy in, but neither is it true that a broad shift toward eco-friendly cars will have very little impact on greenhouse gas emissions. Most importantly, raising the level of domestic production will never solve America's energy and strategic problems, and may even worsen climate change, unless it is accompanied by a serious national and global strategy to decrease oil consumption. These are just some of the myths that Yetiv takes on in this panoramic account. This is not just an exercise in myth-busting, however; it's also a comprehensive overview of the global geopolitics of oil and America's energy future, cross-cutting some of the biggest security and political issues in world affairs. Accessibly written and sharply argued, The American Oil Boom will reframe our understanding of the most politicized commodity in the world"--
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"Steve A. Yetiv, an award-winning expert on the geopolitics of oil, takes stock of our new era of heightened petroleum production and sets out to demolish both the old myths and misconceptions about oil as well as the new ones that are quickly proliferating"--
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| Subject
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Petroleum industry and trade-- Political aspects-- United States
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| Subject
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National security-- United States
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| Dewey Classification
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338.2/72820973
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| LC Classification
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HD9566.Y48 2015
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HD9566.Y48 2015
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