Peak Oil and Energy Imperialism

Peak Oil and Energy Imperialism“, Monthly Review vol.60, no. 3 (July 2008), pp. 12-33. DOI: 10.14452/MR-060-03-2008-07_2

The rise in overt militarism and imperialism at the outset of the twenty-first century can plausibly be attributed largely to attempts by the dominant interests of the world economy to gain control over diminishing world oil supplies. Beginning in 1998 a series of strategic energy initiatives were launched in national security circles in the United States in response to: (1) the crossing of the 50 percent threshold in U.S. importation of foreign oil; (2) the disappearance of spare world oil production capacity; (3) concentration of an increasing percentage of all remaining conventional oil resources in the Persian Gulf; and (4) looming fears of peak oil.

  • Chinese translation by Mao Jiaqiang and Xing Yingli, Foreign Theoretical Trends (China)no. 12, 2008.
  • Norwegian translation in Ødeleggelsens Økonomi (Tidsskrifter Rødt!, 2008), 75-99.
  • Portuguese translation in Monthly Review, Portuguese-Language Edition (Brazil), July 2009.
  • Bangla translation in Bangla Monthly Review, vol. 1, no. 1 (December 2008).
  • Translated by Farooque Chowdhury; Turkish translation in Monthly ReviewTurkish edition, no. 19 (Istanbul: Kalkedon, 2008).


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