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Publication Date: May 2007
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Ariel Cohen
Research Area: Energy
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.