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ASPO-USA Commentary: Dangerous Oil

Dangerous Oil

by Major Daniel L. Davis, 2 February 2009

There has been much debate recently within the defense community between adherents of the so-called “era of persistent conflict,” which posits future war will look a lot like today’s low-level wars in Iraq and Afghanistan, and those who believe we must maintain our traditional focus on large scale conflict against conventional armies. Thus far, the debate has been seen as occurring between two equally valid points of view with no real right or wrong answer. But I think such a belief is dangerously wrong because the differences between the two couldn’t be more significant, and the consequences of getting this choice wrong could be devastating for the United States owing to one crucial factor: oil and its declining availability in the near future.

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It's All about the Oil

by Allison A. Bailes III, PhD

True or false: The collapse in the housing market because of problematic mortgage products caused the meltdown on Wall Street and sent the global economy into a tailspin? If you answered true, you can hardly be blamed because that’s the message of most of the news and analysis I’ve seen about the current state of the economy.

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ASPO-USA Letter to President-Elect Obama

An Opportunity in Energy Policy

Dear President-elect Obama,

We believe that no other challenge we currently face will be adequately addressed unless we are successful in tackling our energy challenges. Based on recognition of the fundamental change that has taken place in global energy markets, critical elements of a new approach to energy policy are set out below.

1. Smart Energy Management is the Real Policy Challenge. 
American policy makers have long assumed unimpeded access to ever greater supplies of inexpensive energy.  Energy policy has thus rarely played a prominent part in electoral politics (except temporarily, during transient shocks).  The energy challenge we now face will change that.  A tripling of energy prices since 2002 has not stemmed the decline rate in existing fields, nor brought on appreciable new supply.  Worse, the recent tumbling of oil and gas prices means that many planned energy expansion projects will be mothballed or delayed, leading to higher prices and supply vulnerability down the road.

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