How to Treat Parasites: Thwarting the Cartel

Ulmer, Melville J.
February 1975
New Republic;2/15/75, Vol. 172 Issue 7, p9
Discusses the problems faced by the U.S. economy that is in a state of crisis. Apprehension that the OPEC countries will have increased their actual or potential claims on American resources, with their swelling receipts; Fact that all producers can benefit from limiting the growth of world petroleum output; Information that on the foreign side, maximum quotas would be set for imported oil, with annual adjustments downward in line with planned increases in domestic production and estimates of total consumption requirements.


Related Articles

  • Fiddling Dangerously While Fuel Burns.  // Time;12/20/1976, Vol. 108 Issue 25, p60 

    The article discusses the oil conservation and the prevention of oil price hike in the U.S. It is inferred that the Arab oil embargo in 1973 was blocked by successive mild winters and global recession of 1974-1975 which reduced fuel consumption. It also notes that the Organization of Petroleum...

  • Washington. Buckley, James L. // National Review Bulletin;6/29/1973, Vol. 25 Issue 26, pB94 

    The article reports on the fuel-oil shortages in the Northeast and Midwest parts of the U.S. in 1973. Accordingly, the shortage resulted from the government's intervention in the mechanics of oil industry in the marketplace. The intervention occurred through the imposition of price controls at a...

  • Energy and Oil.  // World Almanac & Book of Facts;2008, p11 

    An almanac entry for the energy and oil consumption of the U.S. is presented. The U.S. produced, 71.03 quadrillion Btu, and consumed, 99.87 quadrillion Btu, more energy than any other nation in 2006. About 84.8% of the energy U.S. citizens consume comes from fossil fuels. 6.8% of the energy U.S....

  • Lines At The Pumps Again? A threat of fuel curbs and Sunday closings in April if ...  // Time;2/12/1979, Vol. 113 Issue 7, p83 

    The article discusses several issues related to the U.S. economy such as the threat of scarcities in the supply of oil and the national unemployment rate. It mentions that the U.S. government and the oil industry have announced the possible shortage of oil supplies due to the political upheaval...

  • Stepping on the Gas to Meet a Threat.  // Time;11/26/1973, Vol. 102 Issue 22, p26 

    The article offers information on the economic condition of the U.S. in terms of oil. It reports on the Arab oil embargo causing the change of activities from boating trips to commuter-and school-bus schedules. It states that the economic threat has been the worst since the Depression in 1929....

  • 1973 Oil crisis. Reid, Keith // National Petroleum News;Aug2004, Vol. 98 Issue 9, p18 

    Relates the 1973 oil crisis in the U.S., which demonstrated the power and weakness of the Organization of Petroleum Exporting Countries (OPEC). Import of oil from Arab sources; Initiation of oil embargo by Arab OPEC members in retaliation against the U.S. and the Netherlands; Regulations on fuel...

  • Business & Briefs. Waterford, Donald // National Review Bulletin;5/6/1977, Vol. 29 Issue 17, pB64 

    This article presents news briefs related to commerce in the U.S. The United Steelworkers Union has won a new wage agreement. The three-year no-strike contract calls for a 40 cents an hour wage increase this year-half on May 1 and the balance on August 1. Then there are 20 cents an hour...

  • THE OIL CRUNCH.  // National Review Bulletin;12/31/1976, Vol. 28 Issue 50, pB196 

    The article discusses the impact of world oil price hike on the U.S. There are expectations of world price of oil going up again so the U.S. will be caught unprepared. This increase is forecast at between 10 and 15%. In 1973, the economies of the industrial nations and developing countries were...

  • UK production of petroleum fell a record 27.9%.  // World Energy News;2/4/2013, p27 

    The article reports on the U.S. energy department data, which shows a fall in the production of crude oil by 30% in the three months to November 2013.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics