How oil volatility may lead to violence among oil powers
The world supply of oil is running out. Meanwhile, the balanceof oil power is shifting away from the United States and the Arabstates toward national oil companies (NOCs) in Russia, China, andsome emerging economies in Africa and South America. As developingcountries seek a middle-class existence, their demand for oil growsexponentially, causing oil prices to spiral, turning some intointernational bullies. Until another fuel is found the world risksbeing at the mercy of these tyrants whose insatiable appetites forhigher oil prices heighten competition and spur the threat ofviolence, domestic as well as global.
In Seizing Power: The Grab for Global Oil Wealth,bestselling author Robert Slater:
* Profiles petroaggressors like Russia's Putin, Venezuela'sChavez, and IranÕs Ahmadinejad
* Describes how oil-rich outlaw nations are using a valuablenatural resource as a weapon in global politics
* Warns that, as oil dwindles, these outlaw nations may turn uponone another in the fight for what oil is left
Seizing Power clearly explains why oil is potentiallytoxic to world stability.