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Gerald D. Nash offers a balanced survey on American oil policies over a seventy-five year span, and places in historical perspective the controversies of government- business relations that have resulted from oil depletion and surplus allowances. Focusing on a single industry, Nash provides a valuable study on the government's role in private economic activity. He concludes that Americans have given the government great power in regulating the nation's industries, and in particular, as they relate to defense considerations, and the laws of supply and demand within American borders, and internationally.
Findings: the U.S. energy system and the role of imported oil and gas -- Findings: how dependence on imported energy affects U.S. foreign policy -- Findings and recommendations: U.S. domestic energy policy -- Findings and recommendations: The conduct of U.S. foreign policy -- Additional view.
Jeff D. Colgan explores why some oil-exporting countries are aggressive, while others are not. Using evidence from key countries such as Iraq, Iran, Libya, Saudi Arabia and Venezuela, Petro-Aggression proposes a new theoretical framework to explain the importance of oil to international security.
Over a Barrel provides the first comprehensive analysis of the costs of U.S. foreign oil dependence and how they might be reduced.
In the decades that followed World War II, cheap and plentiful oil helped to fuel rapid economic growth, ensure political stability, and reinforce the legitimacy of liberal democracies. Yet waves of price increases and the use of the so-called “oil weapon” by a group of Arab oil-producing countries in the early 1970s demonstrated the West’s dependence on this vital resource and its vulnerability to economic volatility and political conflicts. Oil and Sovereignty analyzes the national and international strategies that American and European governments formulated to restructure the world of oil and deal with the era’s disruptions. It shows how a variety of different actors combined diplomacy, knowledge creation, economic restructuring, and public relations in their attempts to impose stability and reassert national sovereignty.
Introduction : A Petrostate Typology -- Applying the Typology : Petrostates at War --Resource Arms Racing : Oil Wealth and Military Power -- Proxies and Altriusm : The Light and Dark of Oil Wealth -- Institutions, Intelligence, and Personalization : The Resource Curse and Foreign Policy -- Crude Power : The Oil Weapon in Practice -- Under the Umbrella : Soft Oil Power and Hegemonic Protection C -- Conclusion : Peak Petrostate? -- Appendix A: Methods and Measurements -- Appendix B: Oil and Conflict -- Appendix C: Military Spending and Arms Sales -- Appendix D: Soft Power, Sanctions, and Oil.
Explaining—and solving—the oil curse in the developing world Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth—and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats—and twice as likely to descend into civil war—than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.
Oil was a basic source of conflict between the United States and Japan. This book examines the role played by the Standard-Vacuum Oil Company in the crisis that led to Pearl Harbor. "Stanvac" was the largest American supplier of oil to Japan and represented the single largest American direct investment in Asia before the war. In the context of Stanvac's relations with various governments, the author examines the ways in which United States petroleum policy was formulated and the arrangements by which Japan sought to increase its oil reserves. He provides new insight into the impact of the financial freeze of July 1941, the origins of the Pacific War, and the complexities of oil diplomacy. Originally published in 1975. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
“A valuable addition to the new wave of critical studies on the history of oil and energy policy”—and a bracing corrective to longstanding myths (James M. Gustafson, Diplomatic History). Conventional wisdom tells us that the US military presence in the Persian Gulf is what guarantees American access to oil; that the “special” relationship with Saudi Arabia is necessary to stabilize an otherwise volatile market; and that these assumptions in turn provide Washington enormous leverage over Europe and Asia. But the conventional wisdom is wrong. Robert Vitalis debunks the myths of “oilcraft”, a line of magical thinking closer to witchcraft than statecraft. Oil is a commodity like any other: bought, sold, and subject to market forces. Vitalis exposes the suspect fears of oil scarcity and investigates the geopolitical impact of these false beliefs. In particular, Vitalis shows how we can reconsider the question of the US-Saudi special relationship, which confuses and traps many into unnecessarily accepting what they imagine is a devil’s bargain. Freeing ourselves from the spell of oilcraft won’t be easy, but the benefits make it essential.