Regarding the 1967 oil embargo, Yergin then goes on to say By July 1967, a mere month after the Six-Day War, it was clear that the “Arab oil weapon” and the “selective embargo” were a failure; supplies were being redistributed to where they were needed. … the formal emergency machinery for joint operations and antitrust …
THIS IS INTERESTING … In my more-thorough-than-first-reading revisit of Daniel Yergin’s The Prize: The Epic Quest for Oil, Money and Power, I have come upon this interesting paragraph describing the attempts of the U.S. government to coordinate oil supplies among Western countries in the face of the 1967 embargo (which was a consequence of the …
More on “is it about the oil?” at Instapundit, from Dave Winer, and from a reader who points our attention to the DOE’s Energy Information Administration’s Country Analysis Brief on Iraq. The EIA CABs are extremely useful and reasonably up-to-date; note that this one was last updated in October 2002. Note also that it gives …
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