Epilogue - Epilogue Epilogue

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Epilogue Epilogue How does oil change international politics and the strategies and  positions of nations? What are the political and economic risks that come with oil and how to  manage them Is the world going to run out of oil? Is demand going to change?
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The Year 1991 Desert Storm–threat to Persian Gulf gone Dissolution of the Soviet Union Cold War over – Nuclear Threat New era of peace at hand The focus of international community Economics, growth and globalization Vast expansion of international trade
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For most of the 1990’s Oil was not as important a strategic issue Emerging China But in ‘97-’98 Asia’s economic miracle blew up Deep economic downturn in most of Asia as  well as other emerging markets, Russia and  Brazil Oil supplies increasing demand falling
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For the oil importing countries, like a tax cut Lid on inflation, prices down gas at the pump  low SUV’s
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Epilogue - Epilogue Epilogue

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