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The New Geopolitics of Energy – The Wall Street Journal

Power is shifting from longtime oil giants like Russia and Saudi Arabia to innovators like China—and maybe the U.S.

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Two years ago, the CEO of a Middle Eastern oil company stopped in Washington, D.C. on his way home from a visit to Silicon Valley. What he wanted to discuss with me over a cup of coffee wasnt the future price of oil or Irans activities in the Middle East but rather the astonishing thing he had seen in California. I couldnt believe the number of Teslas, he said. They were everywhere.
What he saw in all those electric cars was a looming transition that in the decades ahead will shift the world aw…

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