Oil and Sovereignty - pr_141394

Oil and Sovereignty

Petro-Knowledge and Energy Policy in the United States and Western Europe in the 1970s



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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.

Product code: 9781785338069

ISBN 9781785338069
Dimensions (HxWxD in mm) H229xW152
No. Of Pages 474
Publisher Berghahn Books
On Sale Date 01/04/2018
Oil and Sovereignty explores the national and international strategies formulated to deal with the first oil crises in 1973-1974, as steadily increasing prices and reduced production raised the specter of an uncertain future for many.