By September 28, 2018 0 Comments Read More →

The Strategic Implications of American Energy Independence

The vulnerability of that position was driven home when, in October 1973, the Organization of Arab Oil Exporting Countries (OAPEC) declared an oil embargo against those nations supporting Israel during the Yom Kippur War.

OAPEC is a separate group from the Organization of Oil Exporting Countries (OPEC), although all the members of OAPEC are members of OPEC. It was OAPEC that orchestrated the 1973 oil embargo, not OPEC, as is generally believed.

The long-term U.S. response to the OAPEC oil embargo was to gradually shift the majority of its oil imports to Canada and Mexico, two countries that were politically more reliable and less likely to suspend oil exports to the United States. Paradoxically, as the U.S. became less directly dependent on oil imports from the Middle East, although many of its allies still remained dependent on Mideast supplies, it significantly expanded its engagement in Middle Eastern affairs…

 

Click Here For Remainder of Article 

Posted in: Opinion

About the Author:

Post a Comment