RealNews

For oil producers, energy security rises up the political agenda

Energy security, traditionally a high priority for consumer countries that depend on imported oil and natural gas, is now topping the military and foreign policy agenda for producing countries, as they seek to reinforce their credibility in the eyes of volatile global oil markets. Flush with petrodollars from rising oil prices since 2003, producer governments have been emboldened to increase their cut of the economic rent from oil and, in some cases, to challenge the geopolitical status quo in ways that would have been unthinkable during earlier, leaner times. Full Story

OODA Analyst

OODA Analyst

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