The Economics and Politics of the United States Oil Industry, 1920-1990: Profits, Populism and Petroleum, 1st Edition (Paperback) book cover

The Economics and Politics of the United States Oil Industry, 1920-1990

Profits, Populism and Petroleum, 1st Edition

By Steve Isser


486 pages

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This book, originally published in 1996, traces the development of US government policy toward the oil industry during the 1920s and 1930s when the domestic syustem of production control was established. It then charts the deveopment and collapse of oil import controls, and the wild scramble for economic rents generated by Government regulation. It discusses the two oil crises and the ‘phantom’ Gulf War crisis, and the importance of public opinion in shaping the policy agenda. It also provides an in-depth study of Congressional oil votes from the 1950s to the 1980s and the formation of oil policy, beginning with theories of economic regulation, the role of interest groups in developing the policy agenda and the role of money in politics.

Table of Contents

1. Development of the System of Control 2. The Battle Over the Oil Import Quota 3. The Oil Crises 4. Economists, Energy and Public Policy 5. Public Opinion and Oil Politics 6. Congressional Voting on Oil Issues 7. Interest Groups, Rent Seeking and Oil Politics

About the Series

Routledge Library Editions: The Economics and Politics of Oil and Gas

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic Conditions
BUSINESS & ECONOMICS / Economic History
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / Industries / Energy Industries