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Myth, oil, and politics: introduction to the political economy of petroleum

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Charles F. Doran.
Myth, Oil, and Politics traces the transformation of international oil politics and commerce set off by the takeover of the world oil market by the Organization of Petroleum Exporting Countries (OPEC). With the sudden rise in importance of oil matters, myths regarding the origins and impact of oil politics have emerged. The author first enumerates the components of myth present in the oil issue, such as uncertainty, shock, lack of technical information, contrived secrecy, power, exaggeration, and heavy media involvement. Six chapters then thoroughly discuss the extant petroleum myths: unfair oil prices (inequity); Israel and oil (association); ''obscene'' corporate profits (exploitation); divestiture (salvation by regulation); International Energy Agency (collective consumer response); and OPEC cohesion (perpetual unity) . Myth, Oil, and Politics explains how these myths have emerged, why they have emerged, why they have held such attractiveness for various groups, and what the implications are for energy policy if they are accepted as valid. Specific recommendations for U.S. energy policy in the international area appear in the book's final two chapters, which clearly distinguish the myths from the political-economic realities. Extensive references for each chapter.

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Availability

Detail Information

Series Title

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Call Number

382.3 CHA m

Publisher

New York : Free Press., 1977

Collation

x, 226 hlm.; ilus; 24 cm.

Language

English

ISBN/ISSN

0029075807 :

Classification

382.3

Content Type

text

Media Type

-

Carrier Type

-

Edition

-

Subject(s)

Petroleum industry and trade
Energy policy

Specific Detail Info

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Statement of Responsibility

Charles F.Doran,

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