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energie

05/01/09 11:17 AM

#6963 RE: paulyboy #6959

PAGE 52 The Evolution
of the Global Energy Market
Introduction
The global energy market is going through large-scale changes, some
of which may reach their final phase by 2017. There are increasing
signs that the traditional code of relations between energy producers
and consumers, established in the last quarter of the 20th century,
is becoming a thing of history. Mechanisms for regulating the
global energy market no longer work. Competition between consumers,
fueled by the emergence of new powerful players, like China
and India, is obviously increasing.
Oil fields that are situated close to the developed countries, where
oil price-hikes in the 1970s-1980s prompted oil production, are now
near exhaustion. Today, large-scale investment is required in new oilbearing
areas in West Africa, Central Asia, the Caspian region and
Russia in order to replace depleting oil fields. A new energy reality
is taking shape in the world.
The world’s key energy players include:
• The United States – the world’s largest oil consumer (24.6%). It
imports more than one half of the oil that it consumes. The United
States is also the world’s leading importer of natural gas (16% of
global imports);
• The Middle East accounts for 61% of global oil and 40.1% of natural
gas reserves, which makes it a crucial regional factor in the
energy strategies of the world’s largest consumers;
52 Global Trends
THE WORLD AROUND RUSSIA: 2017
4
The main authors of this chapter are Dr. Vagif Guseinov, Director of the Institute of
Strategic Studies and Analysis (ISSA); Dr. Alexei Denisov, ISSA Deputy Director General;
and Alexander Goncharenko, expert with the Socio-Economic Information Bureau.

energie

05/01/09 11:19 AM

#6964 RE: paulyboy #6959

PAGE 92 The U.S. Factor and Its Evolution
Introduction
Russian-U.S. relations have long ceased to be the main axle of the
world order, while the importance of their mutual ties has decreased
for both states. Nevertheless, in the next few decades the United
States will hold a key place in Russia’s foreign policy and will largely
determine Russia’s place in the global economic and political systems,
as well as prospects for Russia’s modernization.
The position of the United States in the international system is determined
by a variety of factors, namely: its military potential; presence of
U.S. troops in all key regions of the world; a developed system of alliances
and partnerships, which covers the majority of states that are the most
politically and economically influential; its economy, which remains the
world’s largest and most developed; and the ideological and cultural
attractiveness of the United States. The latter factor, however, has been
losing its former significance of late.
In the medium term, the United States will continue to be the only
superpower in the world, by far exceeding all other states (and even
groups of states) in a whole range of components of force. Nevertheless,
U.S. influence on international processes will decrease.
Today, the main problem facing the U.S. can best be described as fatigue
from the assumed mission of serving as a “global policeman” and building
a hegemonic order based on the domination of one state. Behind the
growing foreign policy rhetoric concerning the global proliferation of
democracy and the eradication of tyranny, not to mention the increasing
ideological tone of the U.S. foreign policy, there is a reluctance to take
concrete actions, above all military ones.
92 Geopolitical Regions
THE WORLD AROUND RUSSIA: 2017

energie

05/01/09 11:25 AM

#6965 RE: paulyboy #6959

much reading in this document… certain points interesting…


http://www.globalaffairs.ru/docs/2017_eng_reader.pdf

Darth Trader

05/01/09 11:38 AM

#6966 RE: paulyboy #6959

This is an interesting outlook, but its from 2007. The problem is, the EU, Asia and the US are not aligned with Russian or former CIS nations on how the power will play in all this. Russia took full advantage of the energy boom and then busted the western banks! See Sakhalin II and see TNK-BP. Then read how Exxon is (now) having troubles with the Russian Government and the Japanese and the Dutch literally got burned....

I think it will be a slow road to recovery for Russia. They burned bridges. Take your pick in any industry:

-Oil & Gas (Sak II, TNK-BP, Shtockman)
-Airlines (Boeing out as the major to rebuild the Russian Airlines Fleet)
-Auto INdustry & Ford (now fully Unionized in St Petersberg and with wages going (way) up, probably will move to the Ukraine AND with the Tax Putin put on the foriegn auto industry....
-Banking.....wetern banks all but closed down with "interest restrictions."

Cheers,