World Oil Fact and Policy: The Case for a Sound American Petroleum Policy
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Book Overview
World Oil Fact and Policy, a brilliant book published in 1944, delivers a deep exploration and disciplined examination of domestic and foreign petroleum resources, their import to United States energy and security policy during World War II, and their capacity to act as a civilizing catalyst for postwar prosperity and peace.
The authors methodically make the case that world wars are both fought for and fueled by oil; that "oil shortage" scares are based upon projections of "proved reserves" and not real reserves or resources; and that Alaskan oil prospects could radically reduce future reliance on foreign resources.
The authors also divulge dynamic details of the British-American Petroleum Agreement, a nascent bilateral agreement signed by both governments in 1944, albeit never ratified by the United States Senate.
This remarkable book is a must-have addition to any archive and a must-read adjunct for any authority in academia, industry, or government. Read now and share with others. The rich research is as predictive and profound today as it was practically a century ago.
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