U.S. policy toward OPEC
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U.S. policy toward OPEC hearing before the Committee on International Relations, House of Representatives, One Hundred Sixth Congress, second session, Wednesday, March 1, 2000. by United States. Congress. House. Committee on International Relations.

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Published by U.S. G.P.O., [Congressional Sales Office, Supt. of Docs., U.S. G.P.O., distributor] in Washington .
Written in English



  • United States.


  • Organization of Petroleum Exporting Countries.,
  • Petroleum products -- Prices -- United States.,
  • Petroleum industry and trade -- United States.

Book details:

Edition Notes

Other titlesUS policy toward OPEC
LC ClassificationsKF27 .I549 2000d
The Physical Object
Paginationiii, 64 p. ;
Number of Pages64
ID Numbers
Open LibraryOL6834576M
ISBN 100160610222
LC Control Number00329936

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A well-known MIT specialist in oil economics, who published a book on the world petroleum market in , offers a jaundiced view of U.S. policy toward OPEC over the past quarter-century. Adelman’s most fundamental and least understood thesis is that oil is not an ‘exhaustible’ resource in the sense that term is conventionally understood. The Organization of the Petroleum Exporting Countries (OPEC, / ˈ oʊ p ɛ k / OH-pek) is an intergovernmental organization of 13 nations, founded on 14 September in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela), and headquartered since in Vienna, of September , the 14 member countries accounted for an .   Ambassador Shahryar talked about the situation in Afghanistan and the work of coalition members in stabilizing the nation. He also responded to viewer comments and questions. SUBJECT OPEC--Your Meeting on This Subject This Afternoon, Decem /2/ Discussion. At an OPEC meeting in Beirut December 4, offers of the oil companies to an OPEC demand on "expensing" of royalties were rejected (see attached)./3/ A further OPEC meeting is scheduled for December 24 in Riyadh and there is grave danger that resolutions calling for .

  How the U.S. and OPEC Drive Oil Prices. That has shifted the country toward the role of global swing producer — a supplier with enough spare capacity to respond quickly to markets and affect. As the energy landscape has swung toward U.S. shale production, what’s best for American businesses and consumers isn’t as clear as it was during the 20th-century OPEC : Eli Okun. United States–Venezuela relations refers to the bilateral relationship between the United States and ons have traditionally been characterized by an important trade and investment relationship as well as cooperation in combating the production and transit of illegal of 23 January , the United States and Venezuela have no formal diplomatic ties, . The Road to OPEC is the story of the fiery debates among U.S. oil companies, the Department of State, and the Venezuelan government over oil policies—clashes that led Venezuela to establish OPEC and to nationalize U.S.-owned properties. In addition, this is the first study of twentieth-century Venezuelan-U.S. relations.