Home » The Oil Card: Global Economic Warfare in the 21st Century by James R. Norman Norman
The Oil Card: Global Economic Warfare in the 21st Century James R. Norman Norman

The Oil Card: Global Economic Warfare in the 21st Century

James R. Norman Norman

Published July 5th 2010
ISBN : 9781458752796
Paperback
476 pages
Enter the sum

 About the Book 

Challenging the conventional wisdom surrounding high oil prices, this compelling argument sheds an entirely new light on free-market industry fundamentals. By deciphering past, present, and future geopolitical events, it makes the case that oilMoreChallenging the conventional wisdom surrounding high oil prices, this compelling argument sheds an entirely new light on free-market industry fundamentals. By deciphering past, present, and future geopolitical events, it makes the case that oil pricing and availability have a long history of being employed as economic weapons by the United States. Despite ample world supplies and reserves, high prices are now being used to try to rein in China - a reverse of the low-price strategy used in the 1980s to deprive the Soviets of hard currency. Far from conspiracy theory, the debate notes how the U.S. has previously used the oil majors, the Saudis, and market intervention to move markets - and shows how this is happening again. This compact and unorthodox analysis will appeal to a broad audience - from energy consumers puzzled by intractably high oil prices to producers wondering how long windfall prices can defy gravity.