Comment: Time to debunk mythical links between oil and politics

12/15/2003
(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...
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