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41. The New Energy Security: 2005 Global Oil and Gas Forum

Author:
John A. Riggs
Publication Date:
01-2006
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
Energy security means different things to different countries. Importing countries primarily focus on supply. Since the oil price shocks of the 1970s, the focus of energy security has been on achieving adequate supplies at reasonable prices, without incurring serious disruptions. Recent high prices have intensified this concern and renewed interest in policies to bring prices down.
Topic:
Security, Energy Policy, and Oil
Political Geography:
Russia, China, Europe, Middle East, India, Asia, and Saudi Arabia

42. Al-Qaeda Attack on Abqaiq: The Vulnerability of Saudi Oil

Author:
Simon Henderson
Publication Date:
02-2006
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
The February 24 attack by al-Qaeda on Saudi Arabia's giant oil processing facility at Abqaiq failed. At least two of the attackers were killed, along with two security guards. On February 27, Saudi authorities said they had killed another five terrorists linked to the Abqaiq attack in a clash in Riyadh, and they were interrogating a further suspect. The failure of the attack and the reported success of the subsequent counterterrorist operation give the impression of Saudi efficiency, but it should at least as much serve as a warning. The planned attack, targeting the world's largest oil exporter, should give impetus to President Bush's determination, declared in his January State of the Union address, to wean the United States off foreign oil.
Topic:
Conflict Resolution, Economics, and Oil
Political Geography:
Middle East, Arabia, and Saudi Arabia

43. Relying on the Saudis: The Challenge for U.S. Oil Policy

Author:
Simon Henderson
Publication Date:
05-2004
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
Over the past week, oil prices have exceeded $40 per barrel for the first time since the 1990 Iraqi invasion of Kuwait, and gasoline prices in parts of the United States are now more $2 per gallon. Contributing to this increase were heightened concerns about supply, particularly in the wake of a May 1 terrorist attack in Saudi Arabia, the world's largest oil exporter. Two Americans and three other Westerners were killed in the attack, and the body of one of the victims was dragged through the streets behind the terrorists' vehicle. Following the incident, the U.S. ambassador to Saudi Arabia urged Americans to leave the kingdom.
Topic:
Security, Oil, and Religion
Political Geography:
United States, America, Middle East, Kuwait, and Saudi Arabia