OIL: THE OMNIPOTENT ENERGY SOURCE

Whether oil will be used as a "weapon" or "club" to force a reappraisal by the U.S. of its attitudes and political relationships toward other nations, time alone will tell. Since 1960, the domination of the world's oil supply has been shifting from the affluent oil-consuming industrial nations to the "underdeveloped" oil-producing countries. In the U.S., since oil will be the predominant energy fuel during the next 12 years (in fact, the only fuel capable of meeting our escalating energy requirements), the potentially adverse effects of Middle East manipulation of the oil flow on the balance-of-payments deficient, alone, are staggering. The immediate problem confronting the U.S. is in part a matter of logistics; it must develop new oil sources, construct refineries within its continental borders, and establish conservation policies that will mitigate the coming crunch. But, at the present time, it does not seem likely that such a large order can be filled. Furthermore, U.S. autos are getting less economical to operate, with more power options, higher horsepower, lower compression ratios (and hence decreased efficiency), while gas consumption in these outsized jalopies has increased markedly.

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  • Corporate Authors:

    Institute of Electrical and Electronics Engineers

    3 Park Avenue, 17th Floor
    New York, NY  USA  10016-5997
  • Authors:
    • Friedlander, G D
  • Publication Date: 1973-7

Media Info

  • Pagination: 4 p.
  • Serial:
    • IEEE Spectrum
    • Volume: 10
    • Issue Number: 7
    • Publisher: Institute of Electrical and Electronics Engineers (IEEE)
    • ISSN: 0018-9235

Subject/Index Terms

Filing Info

  • Accession Number: 00046405
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Sep 18 1974 12:00AM