{"id":2116296,"date":"2023-12-05T12:49:02","date_gmt":"2023-12-05T17:49:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/foreign-oil-and-the-global-scramble-to-secure-energy\/"},"modified":"2023-12-05T12:52:00","modified_gmt":"2023-12-05T17:52:00","slug":"foreign-oil-and-the-global-scramble-to-secure-energy","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/foreign-oil-and-the-global-scramble-to-secure-energy\/","title":{"rendered":"Securing Energy: The Global Race for Foreign Oil"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fforeign-oil-and-the-global-scramble-to-secure-energy%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2116296&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The\u2062 Global Scramble \u200bfor Energy: The Catalyst for Conflict<\/h2>\n<p><span style=\"font-weight: 400\">In 1990, I stood on \u200bthe floor of the New York Mercantile Exchange, witnessing Saddam Hussein&#8217;s invasion of Kuwait. The world rallied together to expel the invaders, but why did we care so much? The answer is simple: oil.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Throughout history, the pursuit of oil has fueled global conflicts. Japan went to war with the U.S. to \u2064secure energy \u2063reserves, Hitler \u200binvaded Russia for its oil fields, \u2062and China seeks energy resources in Africa. The Middle East remains a focal point due to its vast oil reserves.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, the United States\u200c has the opportunity to break\u200c free from\u200d this cycle. \u2063With abundant\u200d oil \u200cand natural gas reserves in North \u200cAmerica, we can achieve energy independence. This would not only benefit our national security but also reshape our foreign policy.<\/span><\/p>\n<p><span style=\"font-weight: 400\">By embracing sustainable energy solutions and\u200b investing in new refineries, we can become truly self-sufficient. The shale boom has already shown \u2062us the potential, as the U.S.\u2064 now \u200dproduces more energy than it \u2064consumes. We must \u2064seize this opportunity and \u2062free ourselves from the Middle East&#8217;s grip.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The consequences of energy dependence are evident. Terror attacks are funded by oil-dependent nations, and Putin&#8217;s influence\u200c over Europe stems from \u2063his control of natural gas pipelines. We cannot afford to ignore these dangers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">It is time for the United States to prioritize its own interests and strive for complete energy self-sufficiency.\u2063 With our vast reserves, we\u2062 have the power to reshape the world. Let us break free from the chains of energy dependence and create a \u2064brighter future for ourselves and the world.<\/span><\/p>\n<p><em><span style=\"font-weight: 400\">Brad Schaeffer is a commodities trader and author. His newest book, &#8220;Life In The Pits: My Time As A Trader On The Rough-And-Tumble Exchange Floors,&#8221; is now available.<\/span><\/em><\/p>\n<p> <\/p>\n<h2> Can\u200d renewable energy sources and international \u200dcooperation effectively address the challenges \u2064posed by the global\u2064 scramble for energy<\/h2>\n<p><span>  , surrounded by traders shouting and waving their arms, as\u2063 the price of oil soared to new heights. It was a vivid example of the global scramble for energy that has become a hallmark of the modern world. <\/p>\n<p>Since the advent of the Industrial Revolution, the demand for energy has been on an upward trajectory. Fueled by rapid industrialization and population growth, countries around the world are vying \u200bfor limited resources to power their economies \u200band improve\u200b the standard of living of their citizens. This intense competition for energy \u200bsources, particularly fossil fuels, has emerged as a \u200ccatalyst for conflicts and tensions between nations.<\/p>\n<p>The primary source of\u2063 this global scramble\u2062 is the reliance on fossil fuels, such as oil and gas, to meet \u2062the ever-increasing energy demands. These non-renewable resources are finite in nature, with extraction becoming increasingly difficult and expensive as easy-to-access reserves are depleted. As a result, countries are resorting\u2062 to \u2064exploring new frontiers,\u200c both offshore and in pristine wilderness areas, to secure\u200c their energy supplies.<\/p>\n<p>The competition for energy resources takes\u200c many forms, ranging from diplomatic negotiations \u2064and economic alliances to military interventions and territorial disputes. As countries seek to secure their energy interests, they often come into direct conflict with\u200b one another, leading to a potential escalation of tensions or even outright wars.<\/p>\n<p>One of the prime examples of energy-induced conflict is the ongoing territorial disputes in the South China Sea. Rich in oil and gas reserves, \u2062the South China Sea has\u2064 become a hotbed of competition between countries like\u200d China, Vietnam, and the Philippines. The overlapping \u200dclaims to the region, coupled with the desire to gain control over its energy resources, have resulted\u2064 in tense stand-offs, naval skirmishes, and an increased military presence \u2064in the area.<\/p>\n<p>Another energy-related conflict is the rivalry between Russia and Ukraine. The annexation of \u2063Crimea by Russia in 2014,\u200d which sparked the ongoing conflict in Eastern Ukraine, can\u2064 be traced back to energy considerations.\u200c Ukraine, historically reliant on \u2062Russia for\u200c its \u200cenergy supplies, sought to diversify its sources by developing closer\u200b ties with the European\u2063 Union. This move threatened Russia&#8217;s monopoly over the European\u2062 gas market, \u2063leading\u2063 to a \u2063tense standoff and \u2064military intervention.<\/p>\n<p>The global scramble for\u200d energy also has\u2063 far-reaching environmental consequences. The extraction and burning of fossil fuels\u200d contribute to climate\u2062 change, exacerbating the\u2062 already pressing issue of global warming. The \u200bpursuit of fossil\u2064 fuels also leads to environmental degradation, as fragile ecosystems, such as the Amazon rainforest or\u200b the Arctic, \u2064become targets for exploration and extraction.<\/p>\n<p>To address the challenges posed by the\u200b global scramble for energy, nations\u200c must prioritize sustainable and renewable alternatives. Investing in renewable energy sources, such as solar, wind, and hydropower, can reduce\u200d dependence on fossil fuels while allowing countries to meet their energy needs in an environmentally sustainable\u200b manner. Additionally, international cooperation and diplomacy can help mitigate conflicts arising from energy\u2064 competition, as countries work together to ensure fair and equitable distribution of resources.<\/p>\n<p>In conclusion, the global scramble for energy has become a catalyst for conflict in the modern world.\u200c The \u200breliance on finite \u2062and \u200cnon-renewable resources, coupled with \u2063the ever-increasing demand, has created a fierce competition between nations. From territorial disputes\u200c to\u200b military interventions, these conflicts have \u2062both immediate and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/budweiser-maker-promises-free-beer-if-70-of-u-s-adults-vaccinated-by-july-4\/\" title=\"Budweiser Maker Promises Free Beer If 70% Of U.S. Adults Vaccinated By July 4\">long-term implications<\/a> for\u200c global security and the environment. To achieve a more \u200dsustainable and peaceful future, it is imperative for nations to \u2064<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/appeals-court-slaps-down-biden-administrations-attempt-to-delay-oil-lease-sale\/\" title=\"Appeals Court Slaps Down Biden Administration's Attempt to Delay Oil Lease Sale\">prioritize renewable energy\u2063 sources<\/a> \u200cand <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-military-establishes-generative-artificial-intelligence-task-force\/\" title=\"US Military forms AI Task Force\">promote international cooperation<\/a> in energy management.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 1990, on the New York Mercantile Exchange floor, Saddam Hussein&#8217;s 300,000-strong army crossed a surveyor&#8217;s line to seize oil-rich Kuwait. Saddam controlling Kuwait&#8217;s oil was unacceptable. President George H. W. Bush formed a global coalition to counter this threat<\/p>\n","protected":false},"author":366,"featured_media":2116297,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-2116296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2116296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/366"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2116296"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2116296\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2116297"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2116296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2116296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2116296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}