2019
DOI: 10.1080/09636412.2019.1662478
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A Crude Bargain: Great Powers, Oil States, and Petro-Alignment

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Cited by 9 publications
(6 citation statements)
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“…Most states in the international system are scarce in oil and depend on import from oil-rich territories, which makes them vulnerable to disruptions in the price and supply of oil. Although some scholars argue markets may adjust to these disruptions (Gholz and Press, 2010), others claim states devise anticipatory strategies to mitigate their effects, such as diversifying supplies (Downs, 2004), building strategic oil stockpiles (Victor and Eskreis-Winkler, 2008), regulating the oil industry (Lind and Press, 2018), forging partnerships with major oil-rich countries (Kim, 2019), and using military force to secure oil territory (Lee, 2022; Meierding, 2020) and supply routes (Glaser, 2013).…”
Section: Energy Security In Theory and Practicementioning
confidence: 99%
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“…Most states in the international system are scarce in oil and depend on import from oil-rich territories, which makes them vulnerable to disruptions in the price and supply of oil. Although some scholars argue markets may adjust to these disruptions (Gholz and Press, 2010), others claim states devise anticipatory strategies to mitigate their effects, such as diversifying supplies (Downs, 2004), building strategic oil stockpiles (Victor and Eskreis-Winkler, 2008), regulating the oil industry (Lind and Press, 2018), forging partnerships with major oil-rich countries (Kim, 2019), and using military force to secure oil territory (Lee, 2022; Meierding, 2020) and supply routes (Glaser, 2013).…”
Section: Energy Security In Theory and Practicementioning
confidence: 99%
“…History is replete with examples of states forging strategies to alleviate their energy security concerns. States have deployed their militaries to oil-rich regions as Britain did in Mesopotamia during the First World War (Kelanic, 2020), forged cooperative security partnerships with oil-producing states like Saudi Arabia (Kim, 2019), and offered geopolitical assistance to facilitate energy deals abroad, as China has across South America and Africa (Lind and Press, 2018). Of course, policymakers—not unitary states—are the ones making these decisions and they are not always immediately aware of their state’s energy security interests in foreign territories, leading to abrupt shifts in energy security policy, in which policymakers take an interest in a territory after periods of prolonged neglect—as exemplified by the sudden U.S. interest in securing oil in the Caspian Sea in 1997 (Jaffe, 2001; Randall, 2005), the Indian Ocean in 2001 (Fox, 2004), and the Gulf of Guinea in 2006 (Coll, 2012).…”
mentioning
confidence: 99%
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“…The critical importance of energy resources to powerful countries makes them have a different attitude towards resource-rich countries than that towards other countries. In order to ensure a sustainable energy supply, industrialised countries often build a tight relationship with resource exporting countries or the countries where their multinational corporations operate, for example, by forming a 'petro-alignment' (Kim, 2019). This is especially the case during the Cold War when superpower rivalry was intense and access to raw materials was critically important (Hendrix, 2018).…”
Section: Countrymentioning
confidence: 99%
“…Certainly, US oil prices are affected by these events on a global scale. However, explaining signals of reassurance based solely on preconceived notions such as the US-Saudi "oil for security" deal 7 or petro-alignment (Kim 2019) would be insufficient and partially inconsistent with empirical evidence. Regarding US-Saudi relations, we adopt a stance that takes US energy abundance into account.…”
Section: Introductionmentioning
confidence: 97%