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Multinational oil



WORLD ENERGY PROBLEMS entered the headlines during 1973 and 1974 when members of the Or- ganization of Petroleum Exporting Countries (OPEC) unilaterally quadrupled the price of crude oil. Concurrently, members of the Organization of Arab Petroleum Exporting Countries (OAPEC) cut back production and imposeda temporary embargo on shipments to the United States for political reasons. Suddenly, the industrialized nations awoke to their heavy and increasing dependence upon the abundant supplies of oil from Africa, the Middle East, and Latin America.


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2015-00714333.8 JAC MPurnomo Yusgiantoro Center LibraryAvailable

Detail Information

Series Title
“The Organization of Petroleum Exporting Countries (OPEC) will cut the price of oil because it is in its economic interest to do so. As the world’s largest investors, the world economic breakdown that
Call Number
333.8 JAC M
Publisher Macmillan Publishing Company : New York.,
Collation
xxvi, 326 p. : il. ; 21 cm
Language
English
ISBN/ISSN
978-0029159903
Classification
333.8
Content Type
-
Media Type
-
Carrier Type
-
Edition
-
Subject(s)
Specific Detail Info
-
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