Accession Number : ADA261760


Title :   Understanding the Economic Power of Oil


Descriptive Note : Master's thesis


Corporate Author : NAVAL POSTGRADUATE SCHOOL MONTEREY CA


Personal Author(s) : Belanger, Jon C


Full Text : https://apps.dtic.mil/dtic/tr/fulltext/u2/a261760.pdf


Report Date : Dec 1992


Pagination or Media Count : 83


Abstract : Oil has become a single global market in which oil price fluctuations now have the ability to rock the world economy. The purpose of this thesis is to examine the changing nature of this threat and by doing so, show that Saudi Arabia, which has acted as the primary stabilizing tool by American foreign policy makers, will no longer suffice in this capacity. Rather, Saudi Arabia, which has for the most part cooperated with the United States in helping to stabilize oil price and supply disruptions, will become increasingly less cooperative in a much shorter time frame than might be anticipated with regard to oil supplies. This thesis proposes possible avenues for U.S. national security policy by exploring pathways that might further ensure economic security and stability of the Middle East region in light of the new nature of the oil threat. The goal of economic security and stability can only be realized through an understanding of the oil-producing nations and their relationships with the international community and world economy.


Descriptors :   *FOREIGN POLICY , *ECONOMIC ANALYSIS , *UNITED STATES GOVERNMENT , *INSTABILITY , *CRUDE OIL , *SAUDI ARABIA , *SUPPLIES , STABILITY , OIL CONSUMPTION , RESERVES(ENERGY) , IMPORTS , COOPERATION , COMMODITIES , POLITICAL REVOLUTION , NATIONAL SECURITY , MIDDLE EAST , THREATS , THESES


Subject Categories : Economics and Cost Analysis
      Government and Political Science
      Geology, Geochemistry and Mineralogy


Distribution Statement : APPROVED FOR PUBLIC RELEASE