Wednesday, April 16, 2008

The rise of the new energy world order

By Michael T Klare
Asia Times

"This is the beginning of the final stage - and age - of petro power, geopolitically speaking. A new world order is emerging that will be characterized by fierce international competition for dwindling stocks of oil, natural gas, coal and uranium, as well as by a tidal shift in power and wealth from energy-deficit states like China, Japan and the United States to energy-surplus states like Russia, Saudi Arabia and Venezuela. The order will dictate what businesses people engage in; and under what circumstances states go to war or avoid foreign entanglements that could end in war....."

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