The question of how recent developments in the oil and gas industry should affect U.S. strategy is a contentious one. Some commentators have even argued in favor of a complete U.S. disengagement from the Middle East. History is an imperfect guide for future action, but it clearly has a great deal to offer in terms of understanding how the oil industry functions and what its relationship is to global geopolitics.
Read more at: A Primer on the Geopolitics of Oil
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