Puml themselves back into irrelevancy
Makes sense now
Puml themselves back into irrelevancy
Makes sense now
How the US oil boom changes the US relationship (dependency) to the Middle East and Saudi Arabia specifically, will be one of the more interesting political dramas of the next ~20 years. It has already realistically killed OPEC, leaving the US-Russia-Saudi group as the new core of the global oil market. Forecasts are for the US to go on up to 15 to 18 million barrels per day of production. The US self-interest may rapidly pivot from propping up foreign producers to benefitting from their collapse as competitors. I'd expect the crowd that believes US foreign policy revolves around oil, to invert their story to be that the US actions are now about eliminating energy competitors (eg Iran or Venezuela). If in the coming years the US actually goes the direction of no longer guaranteeing security for eg The House of Saud, I'd expect China to step in and play that role.
[1] https://www.dallasnews.com/business/energy/2018/12/07/usgs-p...
How is that an inversion? If you start from the claim that foreign policy revolves around oil and acknowledge the change from a net importer to a net exporter, that would logically affect foreign policy.
The inversion is that the US would be toppling nations in one form or another, or simply not propping them up, to intentionally cause havoc to reduce oil supply from competitors. It would be to harm the competing oil producers for the benefit of US production.