Understanding the economic power of oil. Master's thesis

Technical Report · Tue Dec 01 04:00:00 EST 1992

OSTI ID:6490052

Belanger, J C

Oil has become a single global market in which oil price fluctuations now have the ability to rock the world economy. The purpose of this thesis is to examine the changing nature of this threat and by doing so, show that Saudi Arabia, which has acted as the primary stabilizing tool by American foreign policy makers, will no longer suffice in this capacity. Rather, Saudi Arabia, which has for the most part cooperated with the United States in helping to stabilize oil price and supply disruptions, will become increasingly less cooperative in a much shorter time frame than night be anticipated with regard to oil supplies. This thesis proposes possible avenues for US national security policy by exploring pathways that might further ensure economic security and stability of the Middle East region in light of the new nature of the oil threat. The goal of economic security and stability can only be realized through an understanding of the oil producing nations and their relationships with the international community and world economy.... Oil, Persian Gulf Security Policy, Middle East Oil Reserves.

• Research Organization: Naval Postgraduate School, Monterey, CA (United States)
• OSTI ID: 6490052
• Report Number(s): AD-A-261760/3/XAB
• Country of Publication: United States
• Language: English

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ARAB COUNTRIES
ARABIAN SEA
ASIA
CAPACITY
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
ECONOMIC ANALYSIS
ECONOMIC POLICY
ECONOMICS
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PERSIAN GULF
PETROLEUM
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RESERVES
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