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GOVT1105 40% Main Essay
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GOVT1105 40% Main Essay

GOVT1105 - Geopolitics

3 Pages Essays / Projects Year: Pre-2018

Oil is a historically essential resource to the human development. The world resources structure is mainly base on fossil energy and it will continuously be the energy base of human existence and development for a long period of time.There’s a prediction that the global coal demand will reach 9 billion tonnes per year by 2019(International Energy Agency, 2014).Although after the two Oil Cri- sis, the developed countries attempt to get rid of the over dependence of oil, the status of oil will stay crucial to every country as the price of the fossil energy is comparatively low and the devel- opment technology is relatively mature.It can be obviously identified the importance of oil. Every country is engaging to improve the living standard of their nation and oil is a indispensable element for development, however, the fossil energy is a global limited resource,thus, the scramble for the oil is unavoidable and many countries’ policies including external policies will directly or indirectly included the consideration of oil security.

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