Low energy prices can have enormous geopolitical ramifications. Low oil prices played a large role in Canadian voter dissatisfaction and the eventual election defeat of former Prime Minister, Stephen Harper. Russia’s economy has been in tailspin from lower gas prices. Many experts feel it’s why President Vladimir Putin became aggressive towards his neighbors, especially Ukraine. Low oil prices may have also been a big factor in bringing Iran to the table for the recently agreed on P5 +1 nuclear deal. We’ll talk about some of the security issues surrounding energy with Michael Klare, professor of peace and world security studies at Hampshire College and defense correspondent for The Nation. He’s written numerous books on international energy and security affairs, most recently, 'The Race for What's Left: The Global Scramble for the World's Last Resources'.
(Photo: Flickr/Mike Mozart)