Energy Squeeze By Fred Stakelbeck

"The international energy market of the twenty-first century is witnessing an unprecedented period of turmoil and instability, an indication of an indisputable global power shift that holds serious, long-term implications for U.S. national security interests throughout the world.
Acting in silent unison, energy-rich governments in the Middle East, Eurasia and South America, in particular, populist dictator Hugo Chavez of Venezuela; Iran's President Mahmoud Ahmandinejad; China's stoic President Hu Jintao, and Russia's enigmatic President Vladimir Putin, have demonstrated a growing penchant for energy-related controversy and confrontation. No longer satisfied with Western-defined progress, these countries have become emboldened players on the world stage, using commodities such as crude oil, natural gas and mineral deposits as weapons against perceived U.S. hegemony."

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