The Changing Dynamics of Energy in the Middle East [2 vols.]
October 30, 2006
The recent rise in global demand for energy and the resulting spike in energy prices have illustrated just how important Middle Eastern energy exports are. This book, the first on the subject since the hike in energy prices impacted the global energy market, outlines current facts that shape the ability of Middle Eastern producers to supply energy exports. It explores the possible future causes of major interruptions in supply and failures to maintain and expand export capacity, and though it does not predict a major energy crisis, it does describe factors that could produce one.
Cordesman and Al-Rodhan analyze the plans of each country in the region, compare those plans with the forecasting models of international organizations, and study each country's prospects for stability. They also analyze how importers such as the United States, the EU, China, and India are dealing with the changing nature of global dependence on Middle Eastern and North African oil. Offering the most comprehensive data on current energy resources, production capacities estimates, import dependence, and national plans and strategies, The Changing Dynamics of Energy in the Middle East analyzes current energy modeling, and shows how the lack of supply-driven models has had a negative impact on the understanding of policymakers and strategic thinkers. The book concludes its analysis with possible strategic, economic, and demographic scenarios for the Middle East, projecting the impact of each scenario on future energy developments.
Anthony H. Cordesman holds the Arleigh A. Burke Chair in Strategy at CSIS and is an analyst and commentator for ABC News. He has written extensively on energy and Middle Eastern politics, economics, demographics, and security. Khalid R. Al-Rodhan is a visiting fellow at CSIS. With Cordesman, he is the coauthor of several books, including The Global Oil Market: Risks and Uncertainties (CSIS, 2006) and Gulf Military Forces in an Era of Asymmetric Wars (Praeger/CSIS, 2006).