Risk and UncertaintyEnergy Security Challenges
We will do everything that must be done within OPEC to continue strengthening the price of our oil; $100 is a fair price for a barrel.
—Hugo Chavez
Access to affordable, stable energy supplies is critical for the economies and national security of developed countries. For developing countries, affordable energy often offers a pathway to a better quality of life. But there are a number of global threats with the potential for destabilizing the energy markets. In this chapter I will discuss some of those threats.
OPEC
The Organization of Petroleum Exporting Countries—commonly known by the acronym ...
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