Energy Industry - Politics

Politics

Since now energy plays an essential role in industrial societies, the ownership and control of energy resources plays an increasing role in politics. At the national level, governments seek to influence the sharing (distribution) of energy resources among various sections of the society through pricing mechanisms; or even who owns resources within their borders. They may also seek to influence the use of energy by individuals and business in an attempt to tackle environmental issues.

The most recent international political controversy regarding energy resources is in the context of the Iraq wars. Some political analysts maintain that the hidden reason for both 1991 and 2003 wars can be traced to strategic control of international energy resources. Others counter this analysis with the numbers related to its economics. According to the latter group of analysts, U.S. has spent about $336 billion in Iraq as compared with a background current value of $25 billion per year budget for the entire U.S. oil import dependence

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Famous quotes containing the word politics:

    Social history might be defined negatively as the history of a people with the politics left out.
    —G.M. (George Macaulay)

    The politics of the family are the politics of a nation. Just as the authoritarian family is the authoritarian state in microcosm, the democratic family is the best training ground for life in a democracy.
    Letty Cottin Pogrebin (20th century)

    The word “revolution” itself has become not only a dead relic of Leftism, but a key to the deadendedness of male politics: the “revolution” of a wheel which returns in the end to the same place; the “revolving door” of a politics which has “liberated” women only to use them, and only within the limits of male tolerance.
    Adrienne Rich (b. 1929)