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:
“Until politics are a branch of science we shall do well to regard political and social reforms as experiments rather than short-cuts to the millennium.”
—J.B.S. (John Burdon Sanderson)