Energy Kingdoms: Oil and Political Survival in the Persian Gulf

After the discovery of oil in the 1930s, the Gulf monarchies-Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, Oman, and Bahrain-went from being among the world's poorest and most isolated places to some of its most ostentatiously wealthy. To maintain support, the ruling sheikhs provide th...

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Bibliographic Details
Main Author: Krane, Jim (Author)
Format: Electronic eBook
Language:English
Published: New York Columbia University Press [2018]
Series:Center on Global Energy Policy Series
Subjects:
Online Access:DE-1043
DE-1046
DE-858
DE-859
DE-860
DE-473
DE-355
DE-706
DE-739
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Summary:After the discovery of oil in the 1930s, the Gulf monarchies-Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, Oman, and Bahrain-went from being among the world's poorest and most isolated places to some of its most ostentatiously wealthy. To maintain support, the ruling sheikhs provide their subjects with boundless cheap energy, unwittingly leading to some of the highest consumption rates on earth. Today, as summertime temperatures set new records, the Gulf's rulers find themselves caught in a dilemma: can they curb their profligacy without jeopardizing the survival of some of the world's last absolute monarchies?In Energy Kingdoms, Jim Krane takes readers inside these monarchies to consider their conundrum. He traces the history of the Gulf states' energy use and policies, looking in particular at how energy subsidies have distorted demand. Oil exports are the lifeblood of their political-economic systems-and the basis of their strategic importance-but domestic consumption has begun eating into exports while climate change threatens to render their desert region uninhabitable. At risk are the sheikhdoms' way of life, their relations with their Western protectors, and their political stability in a chaotic region. Backed by rich fieldwork and deep knowledge of the region, Krane expertly lays out the hard choices that Gulf leaders face to keep their states viable
Physical Description:Online Ressource (iX, 206 Seiten)
ISBN:9780231548922
DOI:10.7312/kran17930

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