MER Article Oil and the Gulf War No blood for oil! The rallying cry of many of those who took to the streets in protest against the Gulf war is simple. Is it too simple? “Even a dolt understands the principle,” said one unnamed US official, “We need the oil. It’s nice to talk about standing up for freedom, but Kuwait and Saudi Arab Paul Aarts, Michael Renner • 16 min read
MER Article Oil Politics in the Arab World Giacomo Luciani, The Oil Companies and the Arab World (New York: St. Martin’s Press, 1984). Yusif Sayigh, Arab Oil Policies in the 1970s (London: Croom Helm, 1983). Abdulaziz al-Sowayegh, Arab Petro-Politics (New York: St. Martin's Press, 1984). David Howdon, ed., The Energy Crisis Ten Years Afte Michael Renner • 3 min read
MER Article Restructuring the World Energy Industry A decade ago, the states that make up the Organization of Petroleum Exporting Countries (OPEC) took a number of important steps to alter the structure of the world oil industry by encroaching on the prerogatives of the international oil companies. The producers unilaterally increased the “posted pri Michael Renner • 21 min read