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IPFS News Link • Foreign Policy

Has Washington Lost the Middle East After Qatar?

• lewrockwell.com By F. William Engdahl

That red thread has nothing to do with a fight against terrorism and everything to do with who will control the largest natural gas reserves in the world as well as who will dominate the world market for that gas.

For more or less the past Century, since 1914, the world has been almost continuously at war over control of oil. Gradually with the adoption of clean energy policies in the European Union and most especially in China's agreeing to significantly cut CO2 emissions by reducing coal generation, itself a political act not a scientific one, as well as advances in natural gas transport technologies, notably in the liquefaction of natural gas or LNG, natural gas has finally become a globally traded market as is oil. With this development, we now are in an era not only of wars for control of major oil reserves around the world. Now we have the dawn of the age of natural gas wars. Fasten your seatbelts, ladies, and gentlemen.


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