The United States and the Control of World Oil
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Using highly-readable, non-technical language, the authors, both professional economists, describe all the major global economic forces at work in the 1970s and forecast the kind of future which such forces are creating (and which has indeed been the case). Inflation and recession, an energy crisis, international monetary disorder and a food crisis in the developing world are all discussed.
This volume, originally published in 1983, analyses the extent to which American dominance in world affairs is based on the control of oil resources and the changes which will inevitably take place with the end of the oil era. The author concludes that the USA will be forced to take part in a struggle to control both the new sources of energy and the new technology which must be developed to make use of them.
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