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America's Oil Myths

America's Oil Myths

FromPower Problems


America's Oil Myths

FromPower Problems

ratings:
Length:
63 minutes
Released:
Jun 1, 2021
Format:
Podcast episode

Description

One longstanding predicate of U.S. foreign policy in the Middle East -- that America's military presence in the Persian Gulf region protects the free flow of oil -- is false. That is according to University of Pennsylvania professor Robert Vitalis, along with a growing academic literature scrutinizing the claim. Because of the global nature of the oil market, even infamous past disruptions, such as the so-called Arab oil embargo of 1973, have not had as significant an effect as commonly believed. This erroneous basis for U.S. strategy, Vitalis explains, also justifies a misguided emphasis on Washington's close relationship with the Kingdom of Saudi Arabia, among other costly consequences. Robert Vitalis bioRobert Vitalis, Oilcraft: The Myths of Scarcity and Security That Haunt U.S. Energy Policy, (Stanford, CA: Stanford University Press, 2020). See acast.com/privacy for privacy and opt-out information.
Released:
Jun 1, 2021
Format:
Podcast episode

Titles in the series (100)

Power Problems is a bi-weekly podcast from the Cato Institute. Host John Glaser offers a skeptical take on U.S. foreign policy, and discusses today’s big questions in international security with distinguished guests from across the political spectrum. Podcast Hashtag: #FPPowerProblems. See acast.com/privacy for privacy and opt-out information.