The U S Energy Crisis, The Multinational Oil Corporations and Their Relationship to U. S. Foreign Policy in the Middle East.
ARMY WAR COLL CARLISLE BARRACKS PA
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Americas current energy crisis consists of a growimg dependence on foreign oil brought about by a continuing diminution in known domestic petroleum reserves and aggravated by a host of domestic anomolies 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. Modified author abstract
- Economics and Cost Analysis
- Government and Political Science