Twentieth Century Petroleum Statistics 1973
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The October 1973 War
Author | : Asaf Siniver |
Publisher | : Hurst Publishers |
Total Pages | : 343 |
Release | : 2013-09-30 |
Genre | : History |
ISBN | : 1849042969 |
The October War of 1973 (also known as the ‘Yom Kippur War’) was a watershed moment in the history of the Arab-Israeli conflict and the modern Middle East more broadly. It marked the beginning of a US-led peace process between Israel and her Arab neighbours; it introduced oil diplomacy as a new means of leverage in international politics; and it affected irreversibly the development of the European Community and the Palestinian struggle for independence. Moreover, the regional order which emerged at the end of the war remained largely unchallenged for nearly four decades, until the recent wave of democratic revolutions in the Arab world. The fortieth anniversary of the October War provides a timely opportunity to reassess the major themes that emerged during the war and in its aftermath, and the contributors to this book provide the first comprehensive account of the domestic and international factors which informed the policies of Israel, Egypt, Syria and Jordan, as well as external actors before, during and after the war. In addition to chapters on the superpowers, the EU and the Palestinians, the book also deals with the strategic themes of intelligence and political economy, as well as the socio-political legacy of the war on Israeli and Arab societies.
The Cost of Winning
Author | : Michael Cosgrove |
Publisher | : Routledge |
Total Pages | : 500 |
Release | : 2018-02-06 |
Genre | : Political Science |
ISBN | : 1351293060 |
In The Cost of Winning, Michael H. Cosgrove describes how the United States used economic policies to contain the Soviet Union during the post-World War n era and how those policies turned a vibrant American economy into one of broken promises and declining power. Cosgrove defines and examines the five economic building blocks used to contain the Soviets in America's Golden Age: the Marshall Plan, free trade, federal income tax policy, the American defense umbrella, and plentiful and cheap oil from the Middle East. He explains how policies supporting these building blocks allowed U.S. taxpayers to both contain the Soviets and enjoy a rapidly rising standard of living. America's economic superstate began to crumble, however, with President Nixon's August 1971 decision to abandon the gold quasi-standard and Saudi Arabia's 1973 decision to cut oil shipments to America. Lean years for the American economy set in. When the American economy could no longer deliver the American dream, entitlements were increased in an attempt to fill the gap between expectations and what the private sector could provide. Since the early 1970s, real purchasing power has been steadily eroding for approximately 75 million private sector workers. The American dream that a good education would lead to a decent job and a rising standard of living in a safe neighborhood has been dashed. Violent crime in America increases while expenditures on public safety rapidly increase. Will America be the first world power to reverse its relative decline? Cosgrove maintains that Congress must initiate the upward process by restructuring itself. Rather than meeting in Washington, D.C., Congress should meet a maximum three to four months per year at a different site each year to achieve "American revitalization." Cosgrove's solutions to the problems of crime include law enforcement through use of bounty hunters to identify and capture alleged criminals, and to establish a fixed penalty system for violent crimes to make costs of committing crime clearer to everyone. Certain to be controversial, this intriguing examination of the state of affairs in the United States, and the author's recommended policies will be compelling reading for sociologists, policymakers, economists, and scholars with an interest in applied public policy for the long haul.
Disruption
Author | : Michael De Groot |
Publisher | : Cornell University Press |
Total Pages | : 322 |
Release | : 2024-03-15 |
Genre | : History |
ISBN | : 1501774123 |
In Disruption, Michael De Groot argues that the global economic upheaval of the 1970s was decisive in ending the Cold War. Both the West and the Soviet bloc struggled with the slowdown of economic growth; chaos in the international monetary system; inflation; shocks in the commodities markets; and the emergence of offshore financial markets. The superpowers had previously disseminated resources to their allies to enhance their own national security, but the disappearance of postwar conditions during the 1970s forced Washington and Moscow to choose between promoting their own economic interests and supporting their partners in Europe and Asia. De Groot shows that new unexpected macroeconomic imbalances in global capitalism sustained the West during the following decade. Rather than a creditor nation and net exporter, as it had been during the postwar period, the United States became a net importer of capital and goods during the 1980s that helped fund public spending, stimulated economic activity, and lubricated the private sector. The United States could now live beyond its means and continue waging the Cold War, and its allies benefited from access to the booming US market and the strengthened US military umbrella. As Disruption demonstrates, a new symbiotic economic architecture powered the West, but the Eastern European regimes increasingly became a burden to the Soviet Union. They were drowning in debt, and the Kremlin no longer had the resources to rescue them.
British Petroleum and Global Oil 1950-1975
Author | : James Bamberg |
Publisher | : Cambridge University Press |
Total Pages | : 690 |
Release | : 2000-08-31 |
Genre | : Business & Economics |
ISBN | : 9780521785150 |
A detailed account of the activities of BP, 1950-75.
Oil Shock
Author | : Elisabetta Bini |
Publisher | : Bloomsbury Publishing |
Total Pages | : 281 |
Release | : 2016-05-27 |
Genre | : Political Science |
ISBN | : 0857727559 |
The 1973 'Oil Shock' is considered a turning point in the history of the twentieth century. At the time it seemed to mark a definitive shift from the era of low priced oil to the era of expensive oil. For most Western industrialized countries, it became the symbolic marker of the end of an era. For many oil producers, it translated into an unprecedented control over their energy resources, and completed the process of decolonization, leading to a profound redefinition of international relations.This book provides an analysis of the crisis and its global political and economic impact. It features contributions from a range of perspectives and approaches, including political, economic, environmental, international and social history. The authors examine the origins of what was defined as an 'oil revolution' by the oil-producing countries, as well as the far-reaching effects of the 'shock' on the Cold War and decolonization, on international energy markets and the global economy. In doing so, they help place the event in its historical context as a key moment in the transformation of the international economy and of North-South relations.
Market Performance and Competition in the Petroleum Industry
Author | : United States. Congress. Senate. Committee on Interior and Insular Affairs |
Publisher | : |
Total Pages | : 354 |
Release | : 1974 |
Genre | : Petroleum industry and trade |
ISBN | : |
OPEC, The Gulf, And The World Petroleum Market
Author | : Fereidun Fesharaki |
Publisher | : Routledge |
Total Pages | : 225 |
Release | : 2019-06-04 |
Genre | : Political Science |
ISBN | : 100030793X |
This book gives information on the OPEC nations' changing roles in the world oil market as they expand to "downstream" activities. It provides an overview of the production capabilities and policies of major oil exporters and examines the refinery overcapacity crisis in the developed world.
Hearings, Reports and Prints of the Senate Committee on Interior and Insular Affairs
Author | : United States. Congress. Senate. Committee on Interior and Insular Affairs |
Publisher | : |
Total Pages | : 1278 |
Release | : 1974 |
Genre | : Legislative hearings |
ISBN | : |
Natural Gas
Author | : United States. Interagency Task Force on Natural Gas |
Publisher | : |
Total Pages | : 258 |
Release | : 1974 |
Genre | : Energy policy |
ISBN | : |
This report contains the final technical analysis of the Project Independence Interagency Natural Gas Task Force chaired by the Federal Power Commission. The task force was formed in April 1974 to provide estimates for the Project Independence Blueprint of the potential production capabilities of the natural gas industry and the resources necessary to achieve these levels of production. The task force evaluated two alternative strategies. The first was "business-as-usual," which assumed the continuation of all current policies that could affect levels of natural gas production. The second strategy, "accelerated demand," assumed selected changes in policies or practices that would permit a greater expansion of potential production. The data support from the Natural Gas Task Force, together with estimates of resource availability, conservation and demand forecasts served as input into the Project Independence Blueprint analysis. This report is not a production or price forecast and does not represent policy or program recommendations of the Federal Energy Administration or of the other participating agencies