Current Issue

Table of Contents: Summer 2018, VOLUME 41,4

All about Oil

Violence in the Islamic Societies


Article One:

The Oil and Gas Industry of Saudi Arabia

Guy Caruso

Andrew Stanley


Article Two:

The Changing Energy Landscape: The Persian Gulf and South Asia

Gawdat Bahgat


Article Three:

Optimal Rate of Oil Extraction According to the Hotelling’s Principle:

Implication for the Oil MENA Producers

Mohammed Akacem  

John Faulkner 


Article Four:

Mode of Global  Poduction and Islamic Culture of Violence

NedZad Basic  


Book Reviews
Nadia H. Barsoum

 Guy Caruso is a senior adviser in the Energy and National Security Program at the Center for Strategic and International Studies (CSIS). Prior to joining CSIS, he served as administrator of the U.S. Energy Information Administration (EIA) from July 2002 to September 2008. Before leading the EIA, Caruso had acquired over 40 years of energy experience, with emphasis on topics relating to energy markets, policy, and security. He first joined DOE as a senior energy economist in the Office of International Affairs and soon became director of the Office of Market Analysis. He has also held a variety of other senior leadership positions at DOE. He has also worked at the Paris-based International Energy Agency, first as head of the Oil Industry Division, and later as director of the Office of Non-member Countries. Caruso began his career at the Central Intelligence Agency (CIA) as an international energy economist in the Office of Economic Research. He holds a B.S. in business administration, an M.S. in economics from the University of Connecticut, and a M.P.A. from Harvard University. In January 2008, he was awarded the French National Order of Merit.

Andrew Stanley is an associate fellow with the Energy and National Security Program at the Center for Strategic and International Studies (CSIS). His research focuses on oil markets and the geopolitics of energy. Prior to CSIS, he worked as a consultant with the Consumer and Industrial Markets tax practice at KPMG Ireland and before that worked in the Treasury Department at Royal Dutch Shell in London. He holds an M.Sc. in International Business and Politics from the Copenhagen Business School and a bachelor in business studies from Trinity College, Dublin.

Gawdat Babgat: served as a professor of political science at Indiana University of Pennsylvania from 1995 to 2009 where he also was the Director of the Center for Middle Eastern Studies. In 2006–07 he earned the Distinguished Faculty Award for research. Bahgat has published numerous books, chapters, and articles on various subjects including oil politicsnuclear proliferation and the Persian Gulf and Caspian Sea regions. His works have been translated in several languages. In 2010, Bahgat began teaching at the National Defense University in Washington, D.C.

Mohammed Akacem earned his PhD in economics from the zuniversity of Colorado in 1981. He worked as an economist in research projects on World Oil Market issues at the International Center for Energy and Economic Developments in Boulder Colorado. He began his teaching career at the university of Boulder Colorado. He received the Golden Key Award for researsh in 1998. Akacem also reeived the Distinguished Service Award for 2006-07 academic year   

John L. Faulkner received his Ph.D. Economics in 1984 from the University of Colorado. He recently retired as an economist of 24 years with the U.S.  Environmental Protection Agency. Before that he taught economics at the Rochester Institute of Technology and the University of Colorado, and was honorably discharged as a Captain in 1971 from the U.S. Army in Germany.

Nedzad Basic is a former Fulbright scholar, is Professor of Public International Law and International Relations and European Studies. He graduated from the Faculty of Law in Belgrade (Yugoslavia), where he earned  master's degree at the Department of International Public Law and International Relations. He earned his doctorate at  University of Sarajevo. Post-doctoral specialization he completed at the University of St. Thomas  University in Canada. He was elected as a visiting researcher at the Faculty of Law, Columbia University in New York, in 2000-2001 academic year. At the Law Faculty in Bihac he has established  the teaching courses: Legal and Political System of the EU and  International Relations and Security Studies.  N. Basic  is  author and co-author of numerous scholarly papers published in international journals the most recent are : “Secularism and Islamic Law” (Handbook), ARCult Media (2016), Koln, Germany;  Specification and Redefining Global Security Paradigm, International Studies, University for Diplomacy  Dag Hammarskjöld, Zagreb (2016); International Law in the Shadow of Multi-ethnic Conflict, Eötvös Lorand University, Budapest, 2016;  He is also the author of several  textbooks and monographs


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