Energy Revolution Benefits U.S.

by Laura Ehrenberg-Chesler on July 20, 2012

in Commodities,Energy,Geopolitical,politics,United States of America

We have posted several blog posts over the past few months about America’s energy revolution, much of which is driven by new technology for reaching difficult to access resources.  Yesterday, a good friend sent me an article from “The American Interest” which articulates, how on the bigger stage of world politics, the U.S. benefits most.

But on the bigger stage of world politics, it’s the United States that benefits most from the energy revolution. To begin with, the core objective of the United States—a reasonably stable, orderly and liberal global system—is a lot easier to achieve in an era of energy abundance than in one of tough resource competition. Oil is a lubricant, and the more the world has, the more smoothly things are likely to run. A world in which jealous, competing states are trying to elbow each other aside to access the last few remaining pools of oil is a much nastier place than one in which the whole oil question is a lot more laid back.

In addition, the article goes on to state that an abundant energy supply will also promote global economic growth, which strengthens and stabilizes the world system.

We agree, and look forward to seeing this outcome unfold.

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