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Diane Publishing Books
Economics & Politics of the United States Oil Industry, 1920-1990: Profits, Populism, & Petroleum
Hardcover (no d.j.)
Steve Isser. This investigation into the economics & politics of the oil ind. began with a simple question: why were oil import restrictions imposed during the 1950s in response to pressure from the domestic oil industry but not during the 1980s when similar pressure was applied to the political system? The answer is in examining the relationship between the politics & economics. Chapters: development of the system of control; the battle over the oil import quota; the oil crises; economists, energy & public policy; public opinion & oil politics; congressional voting on oil issues; interest groups, rent seeking, & oil politics; & conclusion Bibliography. Dozens of tables.
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