Learning to live with OPEC oil: the Arab view
Either OPEC or a similar Middle East organizaiton will recapture the dominant role in oil market as non-OPEC oil sources are depleted. An interview with Ali Ahmed Attiga of the Organization of Arab Petroleum Exporting Countries (OAPEC) suggests the possibility of another embargo, but emphasizes the common bond that both oil-importing and oil-exporting countries have if they become over-dependent on oil. Attiga points out that OAPEC will produce 40% of the energy consumed at the end of 10 years. He credits the 1973 embargo with reminding the US of its vital interest in the Arab world, but admits it did not accomplish the withdrawal of Israel from occupied territory. In response to other questions Attiga doubts other producers will join OPEC, explains OPEC pricing and production policies, and describes its development programs. 1 figure.
- OSTI ID:
- 6261049
- Journal Information:
- Shield; (United States), Vol. 8:3
- Country of Publication:
- United States
- Language:
- English
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29 ENERGY PLANNING
POLICY AND ECONOMY
OPEC
ECONOMIC DEVELOPMENT
ENERGY POLICY
PETROLEUM
MARKET
CARTELS
INTERNATIONAL COOPERATION
OAPEC
OIL-EXPORTING COUNTRIES
OIL-IMPORTING COUNTRIES
COOPERATION
ENERGY SOURCES
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
INTERNATIONAL ORGANIZATIONS
020700* - Petroleum- Economics
Industrial
& Business Aspects
294002 - Energy Planning & Policy- Petroleum