The US Energy Crisis, The Multinational Oil Corporations and Their Relationship to US Foreign Policy in the Middle East

Abstract

America's current energy crisis consists of a growing dependence on foreign oil brought about by a continuing diminution in known domestic petroleum reserves and aggravated by a host of domestic anomalies that cry out for some sort of unified energy policy. Yet any steps taken domestically will have far reaching international effects, particularly in the Middle East. Eight giant corporations (five of them American) in effect of the consumer in the West and in Japan and, on the other hand, they are the ones who discover and pump most of the oil out of the ground in the producing countries. Hence, they have a powerful influence in the Middle East and are a contributing factor in the stability of that politically volatile part of the world.

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Document Details

Document Type
Technical Report
Publication Date
Feb 28, 1973
Accession Number
AD0760868

Entities

People

  • John G. Pappageorge

Organizations

  • United States Army War College

Tags

DTIC Thesaurus Topics

  • Agreements
  • Commerce
  • Department Of State
  • Foreign Policy
  • Governments
  • Indian Ocean
  • Law
  • Middle East
  • Money
  • National Security
  • Natural Gas
  • New Jersey
  • New York
  • Petroleum
  • Saudi Arabia
  • United States
  • War Colleges

Fields of Study

  • Political science

Readers

  • Educational Psychology
  • Government and Public Administration Law.
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