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The National Security Consequences of Oil Dependency

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Publication Date: May 2007

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Ariel Cohen

Series: Heritage Lecture

Topic: Energy (Petroleum industry)

Keywords: National security; Saudi Arabia; Iran; oil

Type: Speech

Coverage: United States

Abstract:

The dependence of the U.S. and the global economy on oil is growing, which can have dire consequences for the economic well-being of the United States. Recognizing the inherent, systemic, and long-term instability of the global oil markets is the first step in addressing the problem the U.S. is facing.