Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America's Power

(Paperback)

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Windfall is the boldest profile of the worlds energy resources since Daniel Yergins The Quest, asserting that the new energy abundancedue to oil and gas resources once deemed too expensiveis transforming the geo-political order and is boosting American power.

Riveting and comprehensive...a smart, deeply researched primer on the subject. The New York Times Book Review

As a new administration focuses on driving American energy production, OSullivans refreshing and illuminating (Foreign Policy) Windfall describes how new energy realities have profoundly affected the world of international relations and security. New technologies led to oversupplied oil markets and an emerging natural gas glut. This did more than drive down pricesit changed the structure of markets and altered the way many countries wield power and influence.

Americas new energy prowess has global implications. It transforms politics in Russia, Europe, China, and the Middle East. OSullivan considers the landscape, offering insights and presenting consequences for each regions domestic stability as energy abundance upends traditional partnerships, creating opportunities for cooperation.

The advantages of this new abundance are greater than its downside for the US: it strengthens American hard and soft power. This is a powerful argument for how America should capitalise on the New Energy Abundance (The Financial Times) and an explanation of how new energy realities create a strategic environment to Americas advantage.

Reviews

"Brilliant. A must read to understand America's new energy fortunes. Access to massive oil and gas reserves at home provides the United States with added power and leverage, presenting new possibilities for cooperation and competition. Windfall unpacks these complexities with great clarity and insight."--Michele Flournoy, CEO of the Center of New American Security and former Under Secretary of Defense
"In less than a decade, the energy world has turned upside down, from scarcity to abundance. Drawing on her practical experience and analytic acuity, Meghan O'Sullivan provides a convincing account of how the new energy world is transforming geopolitics and helping the United States. Windfall is a wonderfully readable book."--Joseph Nye, Harvard University Distinguished Service Professor, Emeritus
"Meghan O'Sullivan brings her extraordinary insight to explain how the American innovation and ingenuity behind the oil and gas boom has delivered strategic benefits to the United States - and changed the world in the process. For leaders in government and business affected by global trends, Windfall is a must-read."--Eric Schmidt, Executive Chairman of Alphabet, Inc.

Author Bio

Meghan L. OSullivan is the Jeane Kirkpatrick Professor of the Practice of International Affairs at Harvard Universitys Kennedy School of Government. She is also the Director of the Geopolitics of Energy Project, which explores the complex interaction between energy markets and international politics. Between 2004 and 2007, she was special assistant to President George W. Bush and Deputy National Security Advisor for Iraq and Afghanistan for the last two years of her tenure. She lives in Cambridge, Massachusetts. Windfall: The New Energy Abundance Upends Global Politics is her third book.