Book contents
- The Cambridge History of America and the World
- The Cambridge History of America and the World
- The Cambridge History of America and the World
- Copyright page
- Contents
- Figures
- Maps
- Contributors to Volume IV
- General Introduction: What is America and the World?
- Introduction to Volume IV
- Part I Ordering a World of States
- Part II Challenging a World of States
- 10 US Foreign Policy and the End of Development
- 11 Oil and American Insecurity
- 12 US Mass Culture and Consumption in a Global Context
- 13 Imperial Visions of the World
- 14 Human Rights
- 15 Compassion and Humanitarianism in International Relations
- 16 Third World Internationalism and the Global Color Line
- 17 The Queering of US Geopolitics
- 18 Migration, War, and the Transformation of the US Population
- 19 Christian and Muslim Transnational Networks
- 20 Native Americans, Indigeneity, and US Foreign Policy
- 21 Environment, Climate, and Global Disorder
- 22 Détente and the Reconfiguration of Superpower Relations
- Part III New World Disorder?
- Index
11 - Oil and American Insecurity
from Part II - Challenging a World of States
Published online by Cambridge University Press: 12 November 2021
- The Cambridge History of America and the World
- The Cambridge History of America and the World
- The Cambridge History of America and the World
- Copyright page
- Contents
- Figures
- Maps
- Contributors to Volume IV
- General Introduction: What is America and the World?
- Introduction to Volume IV
- Part I Ordering a World of States
- Part II Challenging a World of States
- 10 US Foreign Policy and the End of Development
- 11 Oil and American Insecurity
- 12 US Mass Culture and Consumption in a Global Context
- 13 Imperial Visions of the World
- 14 Human Rights
- 15 Compassion and Humanitarianism in International Relations
- 16 Third World Internationalism and the Global Color Line
- 17 The Queering of US Geopolitics
- 18 Migration, War, and the Transformation of the US Population
- 19 Christian and Muslim Transnational Networks
- 20 Native Americans, Indigeneity, and US Foreign Policy
- 21 Environment, Climate, and Global Disorder
- 22 Détente and the Reconfiguration of Superpower Relations
- Part III New World Disorder?
- Index
Summary
The energy crisis of the 1970s marked a crucial global transformation. Higher oil prices caused the greatest peacetime transfer of wealth and the largest single infusion of liquid capital into the global economy in history. Much changed after, but oil diplomacy also emerged out of the previous era. Since 1945, foreign policy and oil security had revolved around the well-being of first the domestic and then the global economy. A sense of impending danger to that well-being set the contours of policy and relations with different actors in the oil-rich Persian Gulf. American leaders saw a world in potential disarray and their concern over supply and price stability led the nation to greatly expand its military power in that region.
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- Information
- The Cambridge History of America and the World , pp. 260 - 280Publisher: Cambridge University PressPrint publication year: 2022