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1. Oil and Natural Gas: The Issues 2. Insatiable Demand and the Quest for Supply Feeding frenzy Production now and for the future Financing the consumption boom 3. Conflict, Poverty, Inequality: the Mixed Blessings of Oil The revenue rollercoaster Smoothing the ride Bitter harvest from 'sowing the oil' Oil and poverty The petro-economies and the scramble for spoils Rent allocation and corruption: shades of grey Oil and civil conflict Local versus national government Oil and labour Cross-border tensions 4. Oil Security and Global Strategy Cold War years Producers to the fore The IEA: meeting collective action with collective action Garrisoning the Middle East War on terror: new name, same policy Securing the Caspian or opening Pandora's Box? Targets galore China: tomorrow's bogeyman Controlling Iraq, replacing Saudi Arabia? 5. Petro-Nationalism Opec: the producers stake their claim From bear pit to central bank Return of the companies An Opec for natural gas producers? Rise of the new consumers 6. 'Alternatives' to Oil: Environmental and Security Imperatives Kyoto: up to the top of the hill (and down again) The cost of cleaning up emissions War gaming meets global warming 'Alternatives': blurring security and sustainability Evaluating the 'alternatives' Hydrogen economy: Just another hydrocarbon economy? 7. Conclusion: Posing the Questions Notes Index Tables: 1. World oil and natural gas proven reserves 2. Top 10 oil producers 3. Top 10 gas producers 4. Global oil demand: Projections 5. World natural gas demand: Projections 6. Oil Prices: nominal and real 7. Oil and oil products as a proportion export earnings of Opec countries
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