Oil and US Policy (Revised Version).

Abstract

The paper analyzes the rapidly growing demand for energy by the industrialized nations of the world, and the growing importance of Middle East oil. Today, Western Europe and Japan are heavily dependent on Middle East oil, and with US oil production at or near peak capacity, the United States must now also look to the Middle East for ever-increasing amounts of oil--at least through 1985. Russian influence in the international oil market, financial impact of increased imports, the changing role of the international oil companies and available alternatives are discussed. US vulnerability to possible short-term supply interruptions and to longer term shortfalls are projected, and remedial measures discussed.

Document Details

Document Type
Technical Report
Publication Date
Dec 15, 1974
Accession Number
ADA006473

Entities

People

  • Robert L. Day

Organizations

  • United States Army War College

Tags

DTIC Thesaurus Topics

  • Europe
  • Geographic Regions
  • Industrialized Nations
  • Middle East
  • Nations
  • Production
  • United States
  • Western Europe

Fields of Study

  • Political science

Readers

  • East Asian Political and Security Studies within the Soviet Union
  • Economics
  • Marine Ecotoxicology