Volume 20, Number 21 & 22 · January 24, 1974
Where the Energy Crisis Is Pushing Us
By Emma Rothschild
Fiscal Policy and the Energy Crisis
US Senate Committee on Finance
Government Printing Office, $1.30
Staff Study of the Oversight and Efficiency of Executive Agencies with respect to the Petroleum Industry, Especially as It Relates to Recent Fuel Shortages on Government Operations
US Senate Permanent Subcommittee on Investigations of the Committee
Government Printing Office, $1.00
It now looks as though the world, or part of it, may achieve an energy plan, or part of one. With the oil price increases announced over Christmas by Middle Eastern producing countries, the 'oil weapon' seems more a matter of money, less of embargoes. Crude oil, according to the Shah of Iran, will cost at least twice as much in 1974 as in 1973, and will be as expensive as other sources of energy, 'the extraction of shale, the extraction of gas, the liquefaction of coal.'
Review, 2391 words
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