oil

Oil or Atoms?

The outcome of the November midterm elections in the United States may well hinge on oil and atoms. The issue of atoms, namely Iran’s nuclear ambitions, is potentially more explosive. But the price of gas, since it hits consumers in the pocketbooks, may have the more immediate effect.

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Oil Pressure

“The oil belongs to the Iraqi people. It’s their asset,” declared President George W. Bush in a press conference on the White House lawn in June. He had just returned from a surprise visit to Baghdad, in which oil had been one of the main subjects of discussion.

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Trading on Terror to Profit a Few

Even as Congress has finally begun a serious debate about whether U.S. troops should be withdrawn from Iraq, another part of President Bush’s "war on terror" is advancing with far less public fanfare. Last month, the Senate Finance Committee approved the implementation of the U.S.-Oman Free Trade Agreement and cleared the way for its consideration by Congress.

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Japan’s Persian Gulf Policies in the Koizumi Era

Prime Minister Junichiro Koizumi has managed to create one of the warmest eras in U.S.-Japan relations by standing in solidarity with Washington through the Sept. 11 attacks and the Iraq War. But how have these decisions impacted Japan’s crucial energy strategies in the Persian Gulf and its long history of friendly relations with the Islamic world? As Prime Minister Koizumi makes what is likely to be his last visit to Washington as the leader of Japan, the time has come for reflection on the achievements and the failings of the surprisingly long and important Koizumi Era in Japanese postwar history.

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In Iraq, "It’s the Oil, Stupid"

Amid all the talk of training Iraqi soldiers, heading off a civil war, and protecting a fledging democracy, one overriding agenda has been ignored in the debate over the timetable for bringing U.S. troops home. President George W. Bush will not withdraw our forces until U.S. oil companies have secure access to Iraq’s resources.

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Why 2,245 is Just the Tip of the Iceberg

Cindy Sheehan and Beverly Young’s arrests at the State of the Union for wearing opposing “protest” T-shirts is the latest illustration of how the Iraq War is the nation’s most provocative issue. The attack on free speech for both sides was in fact outrageous. But lost in the T-shirt battle is what really matters: President George W. Bush’s failure to tell the nation about the true costs of the war.

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Breaking the U.S. Oil Addiction

In his State of the Union address, President George W. Bush admitted to the American people that America has a problem: Oil addiction. The first step in overcoming an addiction is acknowledging the problem. The logical second step should be addressing the root causes of that addiction and correcting the imbalances that enable it. But the Bush proposal does little to meet this challenge.

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As U.S. Energy Sources Decline, Russian and Caspian Sea Oil Won’t Solve Supply Problem

The United States now stands at a critical juncture in the evolution of its energy policy, particularly with respect to petroleum and natural gas consumption. The demand for energy in this country has been rising steadily over the past years as a result of continued economic growth and the vital role of air, ground, and sea transportation in all aspects of economic activity. According to the U.S. Department of Energy (DoE), total energy use in the United States grew by 16 percent between 1990 and 2002, and is projected to grow by another 35 percent between 2002 and 2025. At the same time, many other countries, both developed and developing, have also experienced an increased need for energy, pushing total world energy use from 348 quadrillion BTUs in 1990 to a projected 645 quadrillion BTUs in 2025, an increase of 85 percent.

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