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Oil and influence: the oil weapon examined

Abstract

The term ''oil weapon'' as used here signifies any manipulation of the price and/or supply of oil by exporting nations with the intention of changing the political behavior of the consumer nations. The political potential of the oil price is fairly restricted so, in effect, the supply interruptions are of prime concern. Manipulating price does, in principle, offer the possibilities of both conferring rewards and inflicting sanctions. Oil could be sold on preferential prices and terms. A precondition for using the oil weapon successfully would be the ability to cause real and serious damage to the consumer countries. Four damaging potentials for using the oil weapon could include its application by: (1) one producer against one consumer; (2) one producer against all consumers; (3) a group of producers against one consumer; and (4) by a group of producers against all consumers. It is concluded that the oil weapon will continue to be a force in the international system. (MCW)
Authors:
Publication Date:
Jan 01, 1975
Product Type:
Book
Reference Number:
EPA-; EDB-76-091898
Resource Relation:
Related Information: Adelphi Papers No. 117
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; 02 PETROLEUM; PETROLEUM; GOVERNMENT POLICIES; MARKET; PETROLEUM INDUSTRY; CONTROL; ECONOMIC POLICY; ENERGY SHORTAGES; LEGAL ASPECTS; MIDDLE EAST; STATISTICS; TANKER SHIPS; ENERGY SOURCES; FOSSIL FUELS; FUELS; INDUSTRY; MATHEMATICS; SHIPS; 294002* - Energy Planning & Policy- Petroleum; 021000 - Petroleum- Legislation & Regulations
OSTI ID:
7153341
Country of Origin:
United Kingdom
Language:
English
Availability:
International Inst. for Strategic Studies, 18 Adam St., London WC2N 6AL $1.50.
Submitting Site:
TIC
Size:
Pages: 37
Announcement Date:

Citation Formats

Maull, H. Oil and influence: the oil weapon examined. United Kingdom: N. p., 1975. Web.
Maull, H. Oil and influence: the oil weapon examined. United Kingdom.
Maull, H. 1975. "Oil and influence: the oil weapon examined." United Kingdom.
@misc{etde_7153341,
title = {Oil and influence: the oil weapon examined}
author = {Maull, H}
abstractNote = {The term ''oil weapon'' as used here signifies any manipulation of the price and/or supply of oil by exporting nations with the intention of changing the political behavior of the consumer nations. The political potential of the oil price is fairly restricted so, in effect, the supply interruptions are of prime concern. Manipulating price does, in principle, offer the possibilities of both conferring rewards and inflicting sanctions. Oil could be sold on preferential prices and terms. A precondition for using the oil weapon successfully would be the ability to cause real and serious damage to the consumer countries. Four damaging potentials for using the oil weapon could include its application by: (1) one producer against one consumer; (2) one producer against all consumers; (3) a group of producers against one consumer; and (4) by a group of producers against all consumers. It is concluded that the oil weapon will continue to be a force in the international system. (MCW)}
place = {United Kingdom}
year = {1975}
month = {Jan}
}