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Policy Of Discontent

Dive into the web of power plays and strategic moves of key players in the Iraq-Saudi conflict, detailing legislation, confrontations, and financial impacts. Explore the dynamics between Iraq, the United States, and Saudi Arabia during this pivotal period in energy policy history.

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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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