Oil imperialism theories
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Oil imperialism theories assert that direct and indirect control of world
Control of oil
While economists and historians agree that access to and control of the access of others to important resources has throughout history been a factor in warfare and in diplomacy, oil imperialism theorists generally tend to assert that control of petroleum reserves has played an overriding role in international politics since
Criticism
Critics[who?] of oil imperialism theories suggest[citation needed] that because the United States has historically been one of the leading oil producers in the world,[1] the United States would be unlikely to predicate its foreign policy on the acquisition of oil with such an undue focus. They point out that, relative to its consumption rate, oil is not an expensive commodity in the market.[2]
See also
- Petroleum politics
- Hydraulic despotism
References
- ^ "Oil Market Basics - Supply". United States Energy Information Administration. Retrieved 2008-03-03.
- ^ "The Price of a Gallon". cockeyed.com. Retrieved 2008-03-03.
Further reading
- Olien, Diana Davids, and Roger M. Olien. “Why Big Bad Oil?” OAH Magazine of History 11#1 (1996), pp. 22–27. online