Watching Government
Abundant oil

A recent Center for Strategic & International Studies conference in Washington, DC, on energy geopolitics saw few problems with oil supply and demand.But it was the unforeseen problems that worried speakers.A CSIS draft study said the benign global energy situation prevailing since the late 1980s masks two dangers: It obscures future geopolitical shifts that could affect global energy security and has made policymakers and the public complacent about foreign policies that affect long-term global energy supplies.The study said the US and other Western governments should give priority to diplomatic relations and trade policies with energy-producing nations.It said that, although the US is u...

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