9781501107931

1501107933

9781501107948

1501107941

9781501107955

The Harvard professor argues that fears of energy scarcity have resulted in energy abundance, and describes how new energy realities create a strategic environment to Americas advantage.

"Harvard professor and former Washington policymaker Meghan L. O'Sullivan reveals how fears of energy scarcity have given way to the reality of energy abundance. This abundance is transforming the geo-political order and boosting American power. As a new administration focuses on raising American energy production, O'Sullivan's 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. America's new energy prowess has global implications. It transforms politics in Russia, Europe, China, and the Middle East. O'Sullivan explains the consequences for each region's domestic stability as energy abundance upends traditional partnerships, creates 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 powerful book describes how new energy realities creates a strategic environment to America's advantage." -- Publisher's description.

The new energy abundance

Behind the price plunge

The new oil order

Natural gas becomes more like oil

The American phenomenon

America's unrequited love

Hard power accelerator

Soft powering up

Energy abundance, climate, and the environment

The international environment

Europe: catching a break

Russia: more petulant, less powerful

China: greater degrees of freedom

The Middle East: trying to make the most of a tough situation

Conclusion: from serendipity to strategy.

World politics > 21st century.