Accession Number : AD0760868

Title :   The U S Energy Crisis, The Multinational Oil Corporations and Their Relationship to U. S. Foreign Policy in the Middle East.

Descriptive Note : Monograph,

Corporate Author : ARMY WAR COLL CARLISLE BARRACKS PA

Personal Author(s) : Pappageorge,John G.

Report Date : 28 FEB 1973

Pagination or Media Count : 56

Abstract : America's current energy crisis consists of a growimg dependence on foreign oil brought about by a continuing diminution in known domestic petroleum reserves and aggravated by a host of domestic anomolies that cry out for some sort of unified energy policy. Yet any steps taken domestically will have far reaching international effects, particularly in the Middle East. Eight giant corporations (five of them American) in effect of the consumer in the West and in Japan and, on the other hand, they are the ones who discover and pump most of the oil out of the ground in the producing countries. Hence, they have a powerful influence in the Middle East and are a contributing factor in the stability of that politically volatile part of the world. (Modified author abstract)

Descriptors :   (*PETROLEUM INDUSTRY, *MIDDLE EAST), (*UNITED STATES GOVERNMENT, *FOREIGN POLICY), INDUSTRIAL PRODUCTION, REFINERIES, DISTRIBUTION(ECONOMICS), NATURAL RESOURCES, POLITICAL SCIENCE, INDUSTRIAL PROCUREMENT

Subject Categories : Economics and Cost Analysis
      Government and Political Science

Distribution Statement : APPROVED FOR PUBLIC RELEASE