The future of energy is of enormous strategic importance, and the current energy market faces major uncertainties and risks. The goal of this study is to provide a risk assessment of the global oil market. The authors study six major oil-producing regions of the world: the Middle East, Africa, Asia-Pacific, Europe-Eurasia, North America, and South and Central America.
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Cordesman and Al-Rodhan (both with the Center for Strategic and International Studies, Washington, D.C.) present a risk assessment of the global oil market based on reports from government agencies, reports from energy companies, news articles, and reports by energy analysts. The study examines six major oil-producing regions of the world--the Middle East, Africa, Asia and the Pacific, Europe and Eurasia, North America, and South and Central America--and four major areas of risks and uncertainties for each: macroeconomic fluctuations, geopolitical risks, oil production uncertainties, and the nature of resources. The authors identify a number of areas in energy modeling and analysis that need to be improved to enable policymakers to make sound decisions. No subject index. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)
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