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
Read more about this topic: Energy Industry
Famous quotes containing the word politics:
“From the beginning, the placement of [Clarence] Thomas on the high court was seen as a political end justifying almost any means. The full story of his confirmation raises questions not only about who lied and why, but, more important, about what happens when politics becomes total war and the truth—and those who tell it—are merely unfortunate sacrifices on the way to winning.”
—Jane Mayer, U.S. journalist, and Jill Abramson b. 1954, U.S. journalist. Strange Justice, p. 8, Houghton Mifflin (1994)
“...to many a mother’s heart has come the disappointment of a loss of power, a limitation of influence when early manhood takes the boy from the home, or when even before that time, in school, or where he touches the great world and begins to be bewildered with its controversies, trade and economics and politics make their imprint even while his lips are dewy with his mother’s kiss.”
—J. Ellen Foster (1840–1910)