Learning to live with OPEC oil: the Arab view

Journal Article · Sat Jan 01 04:00:00 EST 1983 · Shield; (United States)

OSTI ID:6261049

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), Journal Name: Shield; (United States) Vol. 8:3; ISSN SHIED
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
CARTELS
COOPERATION
ECONOMIC DEVELOPMENT
ENERGY POLICY
ENERGY SOURCES
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
INTERNATIONAL COOPERATION
INTERNATIONAL ORGANIZATIONS
MARKET
OAPEC
OIL-EXPORTING COUNTRIES
OIL-IMPORTING COUNTRIES
OPEC
PETROLEUM