Petroleum politics have been an increasingly important aspect of diplomacy since the rise of the petroleum industry in the Middle East in the early 20th century. As competition grows for an increasingly scarce but vital resource, the strategic calculations of major and minor countries alike place more prominent emphasis on the pumping, refining, transport and use of petroleum products.
Read more about Petroleum Politics: Quota Agreements, Peak Oil, Pipeline Diplomacy in Caucasus, Politics of Oil Nationalization, Politics of Alternative Fuels
Famous quotes containing the word politics:
“The Germans—once they were called the nation of thinkers: do they still think at all? Nowadays the Germans are bored with intellect, the Germans distrust intellect, politics devours all seriousness for really intellectual things—Deutschland, Deutschland Über alles was, I fear, the end of German philosophy.”
—Friedrich Nietzsche (1844–1900)