Daily Archives: Sep 16, 2017 at 05:59 am EST

Book Bits | 16 September 2017

Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America’s Power
By Meghan L. O’Sullivan
Summary via publisher (Simon & Schuster)
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 way to the reality of energy abundance. This abundance is transforming the geo-political order and boosting American power. As a new administration focuses on 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 many countries wield power and influence.
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