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The strategic importance of the global oil market / Leif Rosenberger.
Connect to full text Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Rosenberger, Leif, author.
- Series:
- Letort papers
- Language:
- English
- Subjects (All):
- Petroleum industry and trade.
- Petroleum products--Prices.
- Petroleum products.
- Energy security--United States.
- Energy security.
- United States.
- Physical Description:
- 1 online resource (xiv, 36 pages).
- Place of Publication:
- Carlisle, PA : Strategic Studies Institute and U.S. Army War College Press, 2015.
- System Details:
- text file PDF
- Summary:
- "This Letort Paper analyzes the new global oil market. It shows how the price of oil reflects the confluence of four interrelated factors. First, the Paper explores why the supply of oil has been soaring in the world. Second, it explains why the demand for oil has been relatively weak. Third, it discusses the role that Wall Street plays in moving the price of oil. Fourth, it examines the importance of the U.S. dollar in determining the prices of oil. As a result of these factors, oil prices are relatively low. The Paper also explains how these low oil prices produce winners and losers at home and abroad. In addition, it explores where oil prices are likely to go in 2016 without policy intervention. It also recommends ways to make oil prices less volatile"--Publisher's web site.
- Contents:
- Introduction
- U.S. quest for oil independence
- Impact on oil regimes in the central region
- Implications for the wider central region
- Winners and losers outside the central region
- Conclusion
- Recommendations.
- Notes:
- "June 2015."
- Paper version available for sale by the Superintendent of Documents, U.S. Government Printing Office.
- Includes bibliographical references (pages 33-36).
- Online resource; title from PDF title page (SSI, viewed June 5, 2015).
- Other Format:
- Print version: Da Rosenberger, Leif. Strategic importance of the global oil market
- OCLC:
- 910727187
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