Windfall
Subtitle: how the new energy abundance upends global politics and strengthens America's power
By: Meghan L. O'Sullivan
Edition: First Simon & Schuster hardcover edition.
Publisher: Simon & Schuster
Published: 2017
Language: eng
Number of pages: 479
ISBN-13: 9781501107931; 9781501107948
Subjects: World politics; Power resources; International relations
Description: The Harvard professor argues that fears of energy scarcity have resulted in energy abundance, and describes how new energy realities create a strategic environment to Americas advantage.

"Harvard professor and former Washington policymaker Meghan L. O'Sullivan reveals how fears of energy scarcity have given way to the reality of energy abundance. This abundance is transforming the geo-political order and boosting American power. As a new administration focuses on raising American energy production, O'Sullivan's Windfall describes how new energy realities have profoundly affected the world of international relations and security. New technologies led to oversupplied oil markets and an emerging natural gas glut. This did more than drive down prices. It changed the structure of markets and altered the way many countries wield power and influence. America's new energy prowess has global implications. It transforms politics in Russia, Europe, China, and the Middle East. O'Sullivan explains the consequences for each region's domestic stability as energy abundance upends traditional partnerships, creates opportunities for cooperation. The advantages of this new abundance are greater than its downside for the US: it strengthens American hard and soft power. This powerful book describes how new energy realities creates a strategic environment to America's advantage." -- Publisher's description
Notes: Includes bibliographical references (pages 311-457) and index.
Table of contents: title: The new energy abundance. Behind the price plunge; title: The new oil order; title: Natural gas becomes more like oil; title: The American phenomenon. America's unrequited love; title: Hard power accelerator; title: Soft powering up; title: Energy abundance, climate, and the environment; title: The international environment. Europe: catching a break; title: Russia: more petulant, less powerful; title: China: greater degrees of freedom; title: The Middle East: trying to make the most of a tough situation; title: Conclusion. From serendipity to strategy.