Energy Crisis, 1974-1980This volume is part of a subseries of the Foreign Relations series that documents the most important foreign policy issues of the Richard M. Nixon and Gerald R. Ford presidential administrations. Because of the long-term nature of the 1970s energy crisis, however, this volume includes the period of the Jimmy Carter administration, covering U.S. policy from August 1974 until January 1981. The documentation in this volume focuses primarily on Ford and Carter policies aimed at mitigating the damage to the U.S. and global economy caused by rising oil prices imposed in 1973 by the OPEC cartel, and in 1978 by the perceived shortage of oil supplies resulting from the Iranian Revolution. The documents show that the United States conducted a broad-based multilateral diplomacy to address the crisis and that U.S. diplomats were active participants in the development of the International Energy Agency's program of energy cooperation. The economic summits of the period brought together the heads of state from oil consuming industrialized countries in Rambouillet, London, Bonn, and Tokyo in an effort to devise a common strategy to deal with the impact of high oil prices on the global economy. This is one of a growing number of Foreign Relations volumes that document global issues instead of a bilateral relationship, reflecting the changing nature of U.S. foreign policy in response to an increasingly interrelated world. For documentation on the energy crisis prior to August 1974, see Foreign Relations, 1969-1976, volume XXXVI, Energy Crisis, 1969-1974. |
Contents
Energy Crisis 19741980 | 13 |
February 1977January 1979 | 410 |
The Iranian Oil Shortfall January 1979January 1981 | 578 |
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ยน Source Abu Dhabi action agreed agreement Ambassador Assistant Secretary bilateral Caracas Carter Library Central Foreign Policy conference conservation consumers consumption cooperation crude oil December decision demand Department developing countries dialogue discussion Document Doha domestic Drafted economic efforts Embassy Enders energy policy ergy exports Fahd Foreign Policy Files French Giscard governments ibid imported oil industrialized countries International Energy International Energy Agency Iran issues Japan Jidda Jimmy Carter Kuwait LDCs major Memorandum Mexican Mexico Middle East million b/d million barrels Minister MMB/D National Archives National Security Affairs nomic OECD oil imports oil market oil price increase oil producers oil supply OPEC OPEC countries OPEC meeting OPEC price Paris percent petroleum political Prepcon President President's problem production proposal reduce Robinson Saudi Arabia Secretary Kissinger Shah spot market strategy sumers Summit Tehran Telegram tion Tokyo United Venezuela Washington world oil Yamani