Accession Number : AD0779352

Title :   Oil for the Free World in the 1970's.

Descriptive Note : Student essay,


Personal Author(s) : Massengale,Eugene W.

Report Date : 04 SEP 1973

Pagination or Media Count : 21

Abstract : The West is confronting a shortage of oil that could reach crisis proportions toward the end of this decade if its demands for energy producing materials continue to increase at the same rate as they have since the turn of this century. Accordingly, one of the central problems facing the Western industrial powers during the seventies is whether the oil producing states of the Middle East will expand production and continue exporting to meet their needs. The problem is complicated by the Arab-Israeli dispute, and the intrusion of Soviet Russia into the area. The paper examines (1) The extent of the potential shortage, and the degree to which the United States, Western Europe, and Japan will become dependent on the Middle East as a source of oil; (2) the long-term reliability of the Middle East as a source of oil to the West in general, and the United States in particular; (3) the influence and aims of the Soviet Union in the region; and (4) the alternatives available to the United States in dealing with the problem. (Modified author abstract)

Descriptors :   *Middle East, *Petroleum products, *Oils, *Political science, United States government, Europe, Japan, USSR, Economics, Political science

Subject Categories : Economics and Cost Analysis
      Government and Political Science

Distribution Statement : APPROVED FOR PUBLIC RELEASE