Remarks prepared for delivery by the Honorable Frank G. Zarb, Administrator, the Federal Energy Administration, before the Royal Institute of International Affairs, Chatham House, London, England, December 1, 1975
Technical Report
·
OSTI ID:7199970
An effective International Energy Agency (IEA) must be based on mutual understanding of the similarities and differences of the consumer nations. Countries that import energy resources need to develop the same solidarity that the Organization of Petroleum Exporting Countries (OPEC) has given the producing nations. While all the consumer nations share problems stemming from prices and fear of production and supply cutbacks, there are several important differences: (1) a range in energy resource endowment, with the U.S. and Japan at opposite extremes; (2) a range in conservation attitudes and priorities; and (3) variations in foreign policy and relations with Middle East countries. U.S. participation in IEA should include developing its own effective national energy policy and providing leadership in international programs. This will require a commitment to stabilize domestic policies of pricing and develop a capability for strategic petroleum storage. (DCK)
- Research Organization:
- Federal Energy Administration, Washington, D.C. (USA); Federal Energy Administration, Washington, DC 20461
- OSTI ID:
- 7199970
- Report Number(s):
- NP-20652
- Country of Publication:
- United States
- Language:
- English
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