Sunday, April 21, 2019
Oil Struggle and the Fight for Power Essay Example | Topics and Well Written Essays - 500 words
Oil Struggle and the Fight for Power - Essay ExamplePossession of cover has been the cause of geopolitical and economic conflicts, nigh of which led to war. The endowment of fossil oil colour check is not a guarantee of a nations rise to world power. Rather, their liberal supply of oil serves as a threat to their security.Over the years, Middle East remains to be the region with the bountiful occur of oil. Dietrich mentioned that Saudi Arabia, Iraq, and Kuwait are three of the Middle Eastern countries that are capable of supplying billions of oil barrels. It is noteworthy that countries with large oil reserves have been in constant conflicts. The recent US blood line of Iraq in 2003 made a remarkable impact on the oil economy. Iraq has the third largest oil reserve in the world. Upon the conclusion of the war in Iraq, people have come to pay attention to the true aim of the war. The inability of US to find the alleged weapons of mass destruction contained in Iraq has led man y another(prenominal) to assume that Americas dwindling supply of oil is the main purpose of the intervention.The fear of the tumult in oil supply has been constantly thriving in the worldwide atmosphere. As the demands for oil employment continuously grow, the world market can expect oil to reach skyrocket prices. This threat motivates everybody, most industrialized nations, to take actions. If the increasing demand for oil does not cease, the future of oil industry in the Middle East can take one of two paths. Firstly, Middle Easts oil reserves can be expected to take a sweet spot in the global economy. If this happens, Middle East can rise as one of the worlds most ruling regions. Experts claim that this is highly unlikely due to the fact that some of the Middle Eastern countries are on an economic sanction.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment