Windfall: How the New Energy Abundance Upends Global Politics

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Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America's Power

â€œRiveting and comprehensive...a smart, deeply researched primer on the subject.â€â€”The New York Times Book Review

Windfall is the boldest profile of the worldâ€™s energy resources since Daniel Yerginâ€™s The Quest, asserting that the new energy abundanceâ€”due to oil and gas resources once deemed too expensiveâ€”is transforming the geo-political order and is boosting American power.

As a new administration focuses on driving American energy production, Oâ€™Sullivanâ€™s â€œrefreshing and illuminatingâ€ (Foreign Policy) 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 pricesâ€”it changed the structure of markets and altered the way many countries wield power and influence.

Americaâ€™s new energy prowess has global implications. It transforms politics in Russia, Europe, China, and the Middle East. Oâ€™Sullivan considers the landscape, offering insights and presenting consequences for each regionâ€™s domestic stability as energy abundance upends traditional partnerships, creating 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 is â€œa powerful argument for how America should capitalise on the â€˜New Energy Abundanceâ€™â€ (The Financial Times) and an explanation of how new energy realities create a strategic environment to Americaâ€™s advantage.

Country	USA
Author	Meghan L. O'Sullivan
Binding	Kindle Edition
EISBN	9781501107955
Format	Kindle eBook
Label	Simon & Schuster
Manufacturer	Simon & Schuster
NumberOfPages	497
PublicationDate	2017-09-12
Publisher	Simon & Schuster
ReleaseDate	2017-09-12
Studio	Simon & Schuster

Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America's Power

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