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:

    ... privacy is ... connected to a politics of domination.
    bell hooks (b. 1955)

    One might imagine that a movement which is so preoccupied with the fulfillment of human potential would have a measure of respect for those who nourish its source. But politics make strange bedfellows, and liberated women have elected to become part of a long tradition of hostility to mothers.
    Elaine Heffner (20th century)

    It is not so much that women have a different point of view in politics as that they give a different emphasis. And this is vastly important, for politics is so largely a matter of emphasis.
    Crystal Eastman (1881–1928)