Beyond American Petrodollar Hegemony at the eve of Global Peak Oil

Abstract

This paper examines the link between petro-dollar underpinned US hegemony with the coming global peak oil age in which volatile high oil prices will be a structural problem. Without attempting to pin down the exact timing of global peak oil, this paper assumes that global peak oil will indeed come to pass in the foreseeable future and will have significant implications on the global economy and global energy infrastructure.

Keywords

Oil Prices, Hegemonic Stability, Global Energy System.

Citation

İşeri, Emre, “Beyond American Petrodollar Hegemony at the eve of Global Peak Oil”, Uluslararası İlişkiler, Volume 5, No 20 (Winter 2009), p. 133-154.

Affiliations

• Emre İŞERİ, Dr., Keele University, Department of International Relations