The Impending Oil Shock
Author:
Nader Elhefnawy - Nader Elhefnawy currently teaches at the University of Miami. He has previously published on international and security issues in journals including Astropolitics, International Security and Parameters.
DOI:
10.1080/00396330802034242
Publication Frequency:
6 issues per year
Subjects:
Security Studies - Military & Strategic;
Security Studies - Pol & Intl Relns;
Strategic Studies;
Formats available:
PDF
(English)
View Article:
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Abstract
The peak-oil theory asserts that oil production follows a bell-shaped curve, rising exponentially early on, hitting a peak and then declining terminally. As world oil production reaches its peak, energy importers will enjoy somewhat greater political weight; the economic balance of power among major industrial states will change according to their relative abilities to adapt to a scarcity of fossil fuels; and there will be increased risk of state failure, resource conflict and even nuclear-energy-related problems. These dangers might be minimised through national and international programmes designed to rapidly maximise energy efficiency and promote non-fossil-fuel energy sources.
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