Freeman Spogli Institute for International Studies Program on Energy and Sustainable Development Stanford University


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Gas and oil do not mix in the chaotic world of energy policy


David G. Victor

Published by
Financial Times (London), May 9, 2006

The world's energy system seems to have come unhinged. Oil is trading at record high prices because demand keeps rising even as supplies become unreliable. Oil exporters from Iran to Russia and Venezuela are using their petrocash to pursue agendas that undercut western security and interests. Supplies of natural gas also seem less secure than ever.