Economics and Politics of the United States Oil Industry, 1920-1990 : Profits, Populism and Petroleum

This investigation into the economics and 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 and economics. Chapters: development of the system of control; the battle over the oil import quota; the oil crises; economists, energy and public policy; public opinion and oil politics; congressional voting on oil issues; interest groups, rent seeking, and oil politics; and conclusion Bibliography. Dozens of tables.Isser, Steve is the author of 'Economics and Politics of the United States Oil Industry, 1920-1990 : Profits, Populism and Petroleum', published 2001 under ISBN 9780788196379 and ISBN 0788196375.