OPEC, the petroleum industry, and United States energy policy

Book · Sun Jan 01 04:00:00 EST 1984

OSTI ID:5152569

Ghosh, A

An historical review of OPEC's rise to prominence and of the structural and operational changes that took place in the US petroleum industry during the 1954-1979 period draws on new oil-industry data. Separate chapters deal with OPEC pricing and multinational companies, the oil industry's acquisitions and efforts to diversify, and the efforts of oil-consuming nations to deal with OPEC. It concludes that the cartel remains viable, although the inherent weaknesses in its structure (especially the power wielded by Saudi Arabia) are destabilizing and vulnerable to a weakening demand and an expanding supply. 72 references, 155 notes, 5 figures, 59 tables

• Research Organization: Rutgers Univ., News Brunswick, NJ
• OSTI ID: 5152569
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
021000* -- Petroleum-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
DIVERSIFICATION
ENERGY POLICY
ENERGY SOURCES
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
HISTORICAL ASPECTS
INDUSTRY
INTERNATIONAL ORGANIZATIONS
MULTINATIONAL ENTERPRISES
NORTH AMERICA
OIL-EXPORTING COUNTRIES
OIL-IMPORTING COUNTRIES
OPEC
PETROLEUM
PETROLEUM INDUSTRY
PRICES
USA