Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America’s Power

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Description

“A powerful argument for how The united states will have to capitalise at the ‘New Energy Abundance’.”—The Financial Times

“Riveting and comprehensive…a smart, deeply researched primer at the subject.”—The New York Times Book Review

Windfall is the boldest profile of the world’s energy resources since Daniel Yergin’s The Quest. Harvard professor and former Washington policymaker Meghan L. O’Sullivan reveals how fears of energy scarcity have given approach to the truth of energy abundance. This abundance is transforming the geo-political order and boosting American power.

As a new administration specializes in raising American energy production, O’Sullivan’s Windfall describes how new energy realities have profoundly affected the world of international relations and security. New technologies led to oversupplied oil markets and an emerging natural gas glut. This did more than drive down prices. It changed the structure of markets and altered the way in which many countries wield power and influence.

America’s new energy prowess has global implications. It transforms politics in Russia, Europe, China, and the Middle East. O’Sullivan explains the results for every region’s domestic stability as energy abundance upends traditional partnerships, creates opportunities for cooperation.

The advantages of this new abundance are greater than its downside for america: it strengthens American hard and soft power. This powerful book describes how new energy realities creates a strategic environment to The united states’s advantage.

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