Oil and gas power shifts

  • A transformation in fossil fuel supply and demand patterns, driven by an expansion of technological capabilities, along with the declining US influence in the Middle East, Asia and Africa may alter strategic power reach and subsequently control and logistical patterns for oil and gas distribution.
  • Geopolitical chaos stemming from oil embargoes that have been imposed by the EU on Libya and Syria and potentially Iran, could significantly raise oil prices globally.
Government needs to consider the effect this could have on the UK’s current aging population, and reduction in the size of the working population with declining birthrates and increases in health and pension costs.

About Hayley Shaw

Knowledge Exchange Manager at Cranfield University's Centre for Environmental Risks and Futures (CERF). Sharing the latest news from Cranfield, and insights from across the industry. All things risk, environment, and the future.
This entry was posted in Globalisation, (Geo)politics and National Security and tagged , . Bookmark the permalink.

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