The Oil Drum

Earlier last week, I wrote a diary (What the west means and what roles NATO plays therein) that used a recent Financial Times editorial as a springboard for a discussion on what the "West" was, and what the use of NATO was - questions that  left-of-center Europeans tend to see quite differently from most Americans, including left-of-center ones.

The editorial, by a well-respected British pundit, was insightful and interesting, and led me to conclude what many on the European Tribune have long suspected: that NATO is simply an instrument for Europe to support US strategic priorities, and that the "West" exists only when Europe (and in particular France) aligns itself unconditionally on US positions. The UK, as per that senior British commentator, has as its main role that of disrupting and dividing Europe when it is insufficiently respectful of US interests.

Since I'm French, you may be tempted to conclude that this is just sour grapes by a citizen of a supposedly declining country; however, what I found more interesting in that article was the dominant tone of fear - about the west being under siege, and needing security against various threats - in the form of coordinated military power and little else. It was a narrow, downcast, closed vision of the world, with little about values, progress or hope.

The comment thread is worth reading too, and one of the last comments, by Loefing, pointed me to another article on the same topic, this time by a graduate of the US Naval War College, Tony Corn. The article, (The Revolution in Transatlantic Affairs, has the same dominant tone of fear, but a much more detailed examination of the world. Given the credentials of its author, it is likely to have serious influence on the thinking of the strategists in the Pentagon, and it is thus worth deconstructing.

Politics of oil seen as threat to supplies

Increasing state ownership and rising resource nationalism are emerging as the main long-term threats to global oil supplies, says a report for the industry by an energy consultancy.

(...)

Resource nationalism, which is limiting access for international oil companies, and the national oil companies’ failure to reinvest profits in production, are limiting outlay required to replace existing resources, which are being substantially depleted.