Oil: The Strategic Utility

Auspitz, Josiah Lee
April 1975
New Republic;4/26/75, Vol. 172 Issue 17, p13
Presents views of the author on the oil crisis in the U.S., as of April 1975. Dangers of the oil crisis to the economic foundations of the postwar world; Dilemma faced by the U.S. due to the cheapness and abundance of the Arabian crude oil; Criticism of the U.S. government by the author for failing to maintain oil prices; Impact of the formation of Organization of the Petroleum Exporting Countries on the oil crisis.


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