Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America's Power

ISBN: 1501107933

Author: O'Sullivan, Meghan L.

Condition: New

Windfall is the boldest profile of the worlds energy resources since Daniel Yergins The Quest, asserting that the new energy abundance-due to oil and gas resources once deemed too expensive-is transforming the geo-political order and is boosting American power.Riveting and comprehensive...a smart, deeply researched primer on the subject. -The New York Times Book ReviewAs a new administration focuses on driving American energy production, OSullivans refreshing and illuminating (Foreign Policy) Windfall describes how new energy realities have profoundly affected the world of international relations and security. New technologies led to oversupplied oil markets and an emerging natural gas glut. This did more than drive down prices-it changed the structure of markets and altered the way many countries wield power and influence.Americas new energy prowess has global implications. It transforms politics in Russia, Europe, China, and the Middle East. OSullivan considers the landscape, offering insights and presenting consequences for each regions domestic stability as energy abundance upends traditional partnerships, creating opportunities for cooperation.The advantages of this new abundance are greater than its downside for the US: it strengthens American hard and soft power. This is a powerful argument for how America should capitalise on the New Energy Abundance (The Financial Times) and an explanation of how new energy realities create a strategic environment to Americas advantage.