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:

    His talk was like a spring, which runs
    With rapid change from rocks to roses:
    It slipped from politics to puns,
    It passed from Mahomet to Moses;
    Beginning with the laws which keep
    The planets in their radiant courses,
    And ending with some precept deep
    For dressing eels, or shoeing horses.
    Winthrop Mackworth Praed (1802–1839)

    The will to change begins in the body not in the mind
    My politics is in my body, accruing and expanding with every act of resistance and each of my failures.
    Adrienne Rich (b. 1929)

    Beware the politically obsessed. They are often bright and interesting, but they have something missing in their natures; there is a hole, an empty place, and they use politics to fill it up. It leaves them somehow misshapen.
    Peggy Noonan (b. 1950)