Oil Imports: CQR [PDF]

Aug 23, 1991 - With the energy crises of the 1970s just a memory, they had enjoyed five straight years of plentiful, che

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FULL REPORT Introduction Overview

August 23, 1991 • Volume 1

U.S. energy dependence remains high after the Gulf War By Buel W. Patch, Kennedy P. Maize, Mary H. Cooper

Background Current Situation Outlook Pro/Con Chronology Short Features

Introduction When saddam hussein sent his troops across the border into oil-rich Kuwait on Aug. 2, 1990, the stage was set for yet another global oil shock. To most everyone's surprise, the Gulf War's impact on oil supplies was less traumatic, in the long run, than expected. But the situation nonetheless forced the United States to confront its continued dependence on oil imports. During the last major energy crisis, in 1978–79, oil shortages resulted in higher prices and prompted Americans to save energy. Oil imports shrank. But the subsequent fall in oil prices prompted consumers to return to bigger, less-efficient cars, and oil imports climbed back up. Then Saddam plundered his neighbor, putting the torch to more than 500 Kuwaiti oil wells and sparking the U.S. to reexamine its energy policies.

Bibliography The Next Step

Oil and Gasoline Prices Jun. 22, 2012 U.S. Oil Dependence Nov. 01, 2011 Future of the Gulf States Jan. 04, 2008 Oil Jitters Jul. 2007

Energy Nationalism

Sep. 30, 2005 Domestic Energy Development Jan. 24, 2003 Oil Diplomacy

Read the Full Report (Subscription Required)

Footnotes

Aug. 07, 1998 Oil Production in the 21st Century Aug. 23, 1991 Oil Imports Oct. 30, 1987 Persian Gulf Oil Apr. 04, 1986 Oil Prices Dec. 23, 1983 Quest for Energy Independence Sep. 23, 1983 OPEC: 10 Years After the Arab Oil Boycott May 29, 1981 Western Oil Boom Aug. 25, 1978 Oil Imports Feb. 10, 1978 Oil Antitrust Action Dec. 17, 1976 Alaskan Development May 17, 1974 Arab Oil Money Mar. 15, 1974 Oil Taxation Jul. 18, 1973 Offshore Oil Search Mar. 28, 1973 Persian Gulf Oil Nov. 01, 1972 Gasoline Prices Oct. 14, 1970 Fuel Shortages Nov. 12, 1969 Alaskan Oil Boom Dec. 11, 1968 Oil Shale Development Oct. 26, 1960 World Oil Glut Sep. 10, 1958 Middle East Oil Oct. 30, 1951 Oil Nationalization Aug. 11, 1950 Oil Imports Apr. 23, 1947 Oil of the Middle East Jan. 22, 1946 Offshore Oil Mar. 09, 1944 Oil Supply Dec. 24, 1935 Oil in World Politics May 07, 1931 Control of Production in the Oil Industry Mar. 27, 1929 The Oil Leasing Policy of the New Administration Jun. 08, 1927 Oil Conservation and Stabilization Feb. 08, 1926 The Mexican Land and Petroleum Laws Apr. 18, 1925 The Price of Gasoline Feb. 11, 1924 Background of the Oil Lease Cases Sep. 01, 1923 Gasoline

Exports and Imports International Energy Trade and Cooperation

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