U. S. oil policy: an appraisal

Journal Article · · Energy (Stamford, Conn.); (United States)

OSTI ID:6514302

Safer, A E

There is no shortage of world oil and the USA will be importing much of what is produced, according to Mr. Safer. In this paper, he presents his views on how this oil should be bought. There are really two separate sets of issues associated with the energy crisis. The first is an international problem, affecting U.S. foreign political and economic policies. The problem relates to OPEC control of world oil supplies, which represents a fundamental change in the world power structure. The second is a domestic economic problem which is related to a changing set of social values among U.S. decision makers. Present energy policies have so confused the two issues that neither objective is being met; the U.S. is in fact further away from a solution than in 1973. In particular, increasing constraints on domestic energy production have caused an even greater need to import oil from OPEC. Mr. Safer reviews these issues and then recommends a detailed examination and debate on the approaches for dealing with the monopoly power of OPEC. (MCW)

• Research Organization: Irving Trust Co., New York
• OSTI ID: 6514302
• Journal Information: Energy (Stamford, Conn.); (United States), Journal Name: Energy (Stamford, Conn.); (United States) Vol. 3:3; ISSN ENGYD
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
021000 -- Petroleum-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
293000* -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294002 -- Energy Planning & Policy-- Petroleum
CHARGES
COMPETITION
CONTROL
DECISION MAKING
ECONOMIC POLICY
ENERGY CONSERVATION
ENERGY POLICY
ENERGY SOURCES
FOSSIL FUELS
FUELS
GLOBAL ASPECTS
GOVERNMENT POLICIES
IMPORTS
INDUSTRY
INTERNATIONAL ORGANIZATIONS
NATIONAL ENERGY PLAN
NORTH AMERICA
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM
PETROLEUM INDUSTRY
REGULATIONS
TAXES
USA