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Title: Oil and turmoil: America faces OPEC and the Middle East

Abstract

Middle-East expert Rustow traces the chain of events that placed economic power in an unstable region. He recounts how European imperialists acquired and surrendered their positions of domination, how nationalists such as Nasser and Qaddafi sought to manipulate the superpowers, and how leaders such as Sadat and Begin wrestled with war and peace. Meanwhile, the oil industry's Seven Sisters lost their preeminence as OPEC grew from a loose confederacy of oil shiekdoms into a cartel strong enough to shake the world economy. Rustow analyzes the confusion in oil-consuming countries that led to long gasoline lines one year and talk of an oil glut and OPEC's collapse the next. He puts into context Washington's uneven efforts to bring stability to the strife-torn Middle East. 221 references, 3 figures, 7 tables.

Authors:
Publication Date:
OSTI Identifier:
6797030
Resource Type:
Book
Country of Publication:
United States
Language:
English
Subject:
02 PETROLEUM; 29 ENERGY PLANNING, POLICY AND ECONOMY; MIDDLE EAST; PETROLEUM INDUSTRY; OPEC; ECONOMIC POLICY; INTERNATIONAL RELATIONS; POLITICAL ASPECTS; GOVERNMENT POLICIES; INDUSTRY; INSTITUTIONAL FACTORS; INTERNATIONAL ORGANIZATIONS; OIL-EXPORTING COUNTRIES; 020700* - Petroleum- Economics, Industrial, & Business Aspects; 294002 - Energy Planning & Policy- Petroleum

Citation Formats

Rustow, D A. Oil and turmoil: America faces OPEC and the Middle East. United States: N. p., 1982. Web.
Rustow, D A. Oil and turmoil: America faces OPEC and the Middle East. United States.
Rustow, D A. Fri . "Oil and turmoil: America faces OPEC and the Middle East". United States.
@article{osti_6797030,
title = {Oil and turmoil: America faces OPEC and the Middle East},
author = {Rustow, D A},
abstractNote = {Middle-East expert Rustow traces the chain of events that placed economic power in an unstable region. He recounts how European imperialists acquired and surrendered their positions of domination, how nationalists such as Nasser and Qaddafi sought to manipulate the superpowers, and how leaders such as Sadat and Begin wrestled with war and peace. Meanwhile, the oil industry's Seven Sisters lost their preeminence as OPEC grew from a loose confederacy of oil shiekdoms into a cartel strong enough to shake the world economy. Rustow analyzes the confusion in oil-consuming countries that led to long gasoline lines one year and talk of an oil glut and OPEC's collapse the next. He puts into context Washington's uneven efforts to bring stability to the strife-torn Middle East. 221 references, 3 figures, 7 tables.},
doi = {},
journal = {},
number = ,
volume = ,
place = {United States},
year = {1982},
month = {1}
}

Book:
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