Comment: Time to debunk mythical links between oil and politics

(A different version of this article appeared in Foreign Affairs magazine.)Over the past year, a perceived connection between the control of oil resources, economic security, and power politics seems to have come back to life from the dusty pages of books of the 1970s.Supporters of a proactive Western oil diplomacy and new strategies for control over oil are battling conspiracy theorists, who envision a world ruled by the arcane imperii of oil interests with the US government and oil multinationals working closely together.Yet both parties are wrong, their mistakes stemming from a mythical perception of oil as the ultimate goal lurking behind many major international crises.Oil matters ha...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected