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Policy Of Discontent

This chapter delves into the key players shaping U.S. energy policy during the Iraq War, including figures from the Bush Administration and various governmental agencies. It explores the roles of Energy Secretary Watkins and Deputy Secretary Moore, alongside influential lawmakers. The chapter highlights the impacts of energy legislation, such as the Motor Vehicle Fuel Efficiency Act, and discusses the economic ramifications of the Iraq War, particularly the financial windfall experienced by Saudi Arabia as U.S. oil policies evolved.

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Policy Of Discontent

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  1. Policy Of Discontent Kate and Erica Saddam Lends a Hand Chapter #4

  2. Major Players And Factions • Iraq- Saddam Hussein • United States-Bush Administration • EEMT • Watkins-Energy Secretary • Moore-Deputy Secretary (energy) • Linda Stuntz-Deputy Undersecretary • Troika Agencies-OMB,Treasury & CEA

  3. Major Players/ Factions Continued • Calvin Kent- Gave Daily Reports of Oil Markets (EIA) • Nicolas Brady- (Treasury Dept) • Phillip Sharp- chairman of Energy and Power subcommittee • John Easton & Ramsay- Went to IEA to declare intent to use strategic stocks.

  4. Legislation • Administration’s Medium Term Energy Measures (p.219)-Sept 13 • Motor Vehicle Fuel Efficiency Act (p.241)-Aug 14 • Energy Policy Conservation Act (p.249)

  5. Summary • Price effects of the embargo were evenly distributed among all nations involved. (p.258) • American consumers fared better than all consumers in industrialized countries. • See table page 257.

  6. Saudi War Benefits • US lead confrontation of Iraq produced “Financial windfall for Saudi Arabian.” (p.263) • Saudi oil income tripled during the Iraqi war. • Easton unsuccessful in SPR negotiations (p.264)

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