Money and Oil is Not Enough to Keep US Interested: Kuwait’s Location Problem
Kuwait is an anomaly. It is a little patch of calm and prosperity in an otherwise chaotic region – the Middle East. Currently, the nation’s living standards are among the highest on earth, the oil industry is professional, and there is a noticeable lack of conflict. So, where does this little powerhouse go from here? The global energy market is changing by the day. Asian countries are largely dependent on oil and gas from the Middle East rather than the United States. And there is a lot of oil. The price may fluctuate due to conflicts between oil producing nations, but there is no fear of a shortage. The cost of renewable energy is falling and the full potential of battery technology remains unknown. It is clear that the economics of energy supply and demand is going to change. It is equally apparent that climate change is happening and that it is a serious danger. Kuwait hit a staggering 54 degrees Celsius back in 2016. So, what is Kuwait position in all of this? K...