Geopolitics of oil
This report identifies the nature of the energy problem, analyzes its underlying causes, and proposes policies which can mitigate the impact of the gathering energy crisis. After discussion of the problems of increasing oil exports and oil production in the Middle East, it is concluded that an energy policy aimed solely at reducing imports will not adequately insulate the US from the gathering energy crisis. Four recommendations as to how the US can mitigate the impact of this crisis are (1) the US should build a Domestic Petroleum Reserve by filling the Strategic Petroleum Reserve as rapidly as possible and by encouraging private stockpiling of petroleum and petroleum products; (2) the US should develop plans in concert with its allies to prepare for an energy emergency; (3) the US, in conjunction with its allies, should give high priority to measures that will enhance the stability of the Middle East and deter Soviet advances in the region; and (4) the US, in concert with its allies, should promote and support programs for accelerating petroleum exploration and development in areas outside the Middle East. (BLM)
- OSTI ID:
- 6555597
- Journal Information:
- Science; (United States), Vol. 210
- Country of Publication:
- United States
- Language:
- English
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