Geopolitical energy leverage derives from swing capacity, not total production
Jason Bordoff · Could a ‘green upheaval’ embolden Russia? · Feb 15, 2022 · at 10:06
Energy expert Jason Bordoff explains how energy production translates into geopolitical leverage in modern liquid commodity markets.
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“I think the most significant Dimension of geopolitical influence that comes from energy is not only the amount of production, but the swing supply capacity, the ability to ramp production up or lower it very quickly.”
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