ABSTRACT

Impact of Increasing Oil and Natural Gas Production on Economic and Diplomatic Power   [open pdf - 1013KB]

From the Thesis Abstract: "The United States has rapidly increased production of oil and natural gas in the wake of the shale revolution. This increase occurs while renewable energy sources are rapidly expanding to put downward pressure on oil and natural gas demand. This thesis examines how this increase affects the global energy market and provides economic and diplomatic options to the United States. It applies a case study methodology to examine the increase in oil and natural gas production in the Soviet Union from 1956 to 1989 and Canada from 1981 to 2007. The results of this analysis show that a free market economy limits the Unites States from employing all the centralized methods employed by the Soviet Union. Despite this limitation, the United States should review the Strategic Petroleum Reserve and consider keeping some production capacity in reserve, expand the construction of liquid natural gas facilities to provide strategic options, and resume a leadership role in emissions restrictions to benefit growth."

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Date:
2019-06-14
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Copyright:
Public Domain
Retrieved From:
Ike Skelton Combined Arms Research Library Digital Library: https://cgsc.contentdm.oclc.org/
Format:
pdf
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application/pdf
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