The Persian Gulf at the Dawn of the New Millennium

Download or read book The Persian Gulf at the Dawn of the New Millennium written by Gawdat Bahgat and published by . This book was released on 1999 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an account of the discovery of oil in the Persian Gulf and the tension between domestic forces and international companies over the ownership of these resources, then examines price fluctuations from 1973 to 1998, analyzes dynamics of both demand and supply policies, and demonstrates the unique characteristics of the Gulf that will keep it as the major player in the oil industry well into the 21st century. Argues that the North Sea and Caspian Basin cannot replace the Gulf as the dominant player in energy politics.