Control of Oil
While economists and historians agree that access to and control of the access of others to important resources has throughout history been a factor in warfare and in diplomacy, oil imperialism theorists generally tend to assert that control of petroleum reserves has played an overriding role in international politics since World War I. Many critics (and some supporters) of the Gulf War and the 2003 invasion of Iraq as well as the 2011 Libyan civil war, argue that oil imperialism was a major driving force behind these conflicts. Some theories hold that access to oil defined 20th century empires and was the key to the ascendance of the United States as the world's sole superpower and explain how a transitioning country like Russia is able to obtain such rapid GDP growth (see Economy of the Soviet Union). Petrodollar theory states that the recent wars in Iraq are partly motivated by the desire to keep the US dollar as the international currency.
Read more about this topic: Oil Imperialism Theories
Famous quotes containing the words control of, control and/or oil:
“He took control of me for forty-five minutes. This time Ill have control over him for the rest of his life. If he gets out fifteen years from now, Ill know. Ill check on him every three months through police computers. If he makes one mistake hes going down again. Ill make sure. Im his worst enemy now.”
—Elizabeth Wilson, U.S. crime victim. As quoted in People magazine, p. 88 (May 31, 1993)
“If someone does something we disapprove of, we regard him as bad if we believe we can deter him from persisting in his conduct, but we regard him as mad if we believe we cannot. In either case, the crucial issue is our control of the other: the more we lose control over him, and the more he assumes control over himself, the more, in case of conflict, we are likely to consider him mad rather than just bad.”
—Thomas Szasz (b. 1920)
“I became increasingly anarchistic. I began to find people of my own class vicious, people in clean collars uninteresting. I even accepted smells, personal as well as official. Everyone who came to the studio smelled either of machine oil or herring.”
—Margaret Anderson (18861973)