I have a new short piece in Foreign Affairs with @profmichaelross.bsky.social arguing that "the United States’ emergence as the world’s leading oil and gas producer is a critical and often neglected element of today’s global disorder." www.foreignaffairs.com/united-state... - ThreadSky

erikvoeten.bsky.social • 12 days ago

I have a new short piece in Foreign Affairs with @profmichaelross.bsky.social arguing that "the United States’ emergence as the world’s leading oil and gas producer is a critical and often neglected element of today’s global disorder." https://www.foreignaffairs.com/united-states/petrostate-america?utm_medium

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erikvoeten.bsky.social•12 days ago

We draw on an article we wrote for ISQ about a decade ago, which documents that (and why) oil exporters tend to be less cooperative in the international arena. https://academic.oup.com/isq/article-abstract/60/1/85/2357753

erikvoeten.bsky.social•12 days ago

At that time, the US still had an oil export ban. Now it has become the world's leading oil and gas exporter. Among the five leading US export categories are crude oil, gasoline, and LNG. The trade relationship with the EU is even more dominated by oil and gas.

erikvoeten.bsky.social•12 days ago

Oil and gas create different types of interdependencies than trade in other goods. Oil importers have a strong interest in global stability, as disturbances in price or access can have large economic and political consequences. Exporters have temptations to leverage their position for concessions.

erikvoeten.bsky.social•12 days ago

For example, the EU is not going to apply reciprocal tariffs to the main products it imports from the US (oil and gas), which puts it at a bargaining disadvantage.

erikvoeten.bsky.social•12 days ago

The US does not have to exploit this advantage. It could exercise strategic restraint and think more long-term. There is little evidence of such thinking in the current Trump Administration. Thus, we see energy dominance as a structural factor that facilitates disruptive foreign policies

fgenovese.bsky.social•10 days ago

Good article Erik and Michael. I recently re-read your ISQ piece and thought it really aged well (unfortunately)

danielwilliams965.bsky.social•10 days ago

How about Keanu Reeves leading the insurrection? You will need Costa Samaras to do the bureaucratic heavy lifting. But on paper, it works out. Kit them with flashbangs & rubber bullets, and don't make it obvious to the 'Musk-Affiliated' ICE

justinmikulka.bsky.social•10 days ago

I think another role the oil and gas industry played in getting the US here is widespread misinformation campaigns and teaching the press to regurgitate those as facts.

Fascists hate truth. Oil and gas has funded massive disinformation campaigns for decades.

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