World News and Trends: How oil and gas supplies affect world politics
Columnist Andrew Sullivan of The Sunday Times wrote about "a looming global superpower fight between China and the US over oil supplies." He further mentioned that "a USA Today poll found 58% of Americans saying that higher petrol [gasoline] prices were eating into their standard of living."
Columnist Andrew Sullivan of The Sunday Times wrote about "a looming global superpower fight between China and the US over oil supplies." He further mentioned that "a USA Today poll found 58% of Americans saying that higher petrol [gasoline] prices were eating into their standard of living."
These issues also affect Europe. According to The Wall Street Journal Europe, "Last December the International Energy Agency warned the EU that its dependence on Russian gas is putting its energy security at risk." For instance, nearly half of Germany's natural gas comes from Russia. That figure is closer to 100 percent for some Eastern European nations such as Slovakia.
Economics and politics tend to mesh together in such circumstances. The Wall Street Journal Europe feature article continued: "Moscow regards energy trading as a potential means of putting pressure on dependent states." Also oil and gas supplies may become a far bigger issue as the GNP of China and India grow and many Asian nations increase their standard of living and use of industrial and consumer products that require large amounts of petroleum.
Obtaining sufficient supplies of Middle East oil may yet become a major problem for the West. To understand the importance of these political and economic issues in the Middle East, request our free booklet The Middle East in Bible Prophecy.
An Article from:
Good News Magazine: May - June 2005
Course Content
Jerold Aust
Jerold Aust has served in the ministry for 52 years, as a public speaker for 58 years, a published writer for 38 years, and is employed by UCG’s Media and Communications Services. He is a Senior Writer, interviewer, and editor for Beyond Today Magazine and has taught Speech Communication for UCG’s ministerial online program and the Book of Revelation for ABC.
Jerold holds a BA in theology from Ambassador College, Pasadena (1968), an MA in Communication from California State University, Fullerton (1995), a distance-learning Ph.D (2006), and a Famous Writers School diploma in non-fiction writing (1973). Additionally, he studied post-grad communication at University of Southern California (1995), radio, TV, voice-overs, and Public Relations at Fullerton College (1995-1996), and graduate communication at Wichita State University (1978). Jerold has taught communication at the University of South Alabama (7 years) and ABC (17 years). His published works include, Ronald Reagan’s Rhetoric: Metaphor as Persuasion and EZSpeakers: Public Speaking Made Easy in 7 Steps. Jerold's overarching goal is to share with humankind its incredible destiny!
John Ross Schroeder
John died on March 8, 2014, in Oxford, England, four days after suffering cardiac arrest while returning home from a press event in London. John was 77 and still going strong.
Some of John's work for The Good News appeared under his byline, but much didn't. He wrote more than a thousand articles over the years, but also wrote the Questions and Answers section of the magazine, compiled our Letters From Our Readers, and wrote many of the items in the Current Events and Trends section. He also contributed greatly to a number of our study guides and Bible Study Course lessons. His writing has touched the lives of literally millions of people over the years.
John traveled widely over the years as an accredited journalist, especially in Europe. His knowledge of European and Middle East history added a great deal to his articles on history and Bible prophecy.
In his later years he also pastored congregations in Northern Ireland and East Sussex, and that experience added another dimension to his writing. He and his wife Jan were an effective team in our British Isles office near their home.
John was a humble servant who dedicated his life to sharing the gospel—the good news—of Jesus Christ and the Kingdom of God to all the world, and his work was known to readers in nearly every country of the world.
