The world' s armed forces operate and continue to acquire weapon systems that were designed to run on fuels derived from relatively cheap oil. But as the oil price spike of 2008 illustrated, potential petroleum market volatility has to be factored into defence ministries' budgets. Military capabilities could be severely constrained if higher fuel costs forced a reduction in the use of critical assets.
In the long term, as global demand for oil rises and supply dwindles, governments may be forced to adapt their military strategies to cope with the changing energy landscape. Energy Independence is increasingly becoming a factor in national security. As energy supplies become increasingly scarce, imbalances in access to resources could potentially even push competing nations into military confrontations.
To purchase this report and/or read a full description:
http://www.the-infoshop.com/report/kt103363-military-energy.html
The Infoshop by Global Information Inc. is an online aggregator for premium market research.
Contact:
Eric Chang
860-674-8796
echang@the-infoshop.com
http://www.the-infoshop.com
###