We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

How did the 1970's oil crisis affect the US SAUDI relations ( in other words what does the 1970's oil shock tell us about the U - Essay Example

Comments (0)
HOW DID THE 1970'S OIL CRISIS AFFECT THE US SAUDI RELATIONS? Institution Date Introduction The diplomatic relations between the United States and Saudi Arabia is a historic one. Commencing even before the onset of the Second World War, the relationship between the two countries has continued to flourish for decades…
Download full paper
How did the 1970s oil crisis affect the US SAUDI relations ( in other words what does the 1970s oil shock tell us about the U
Read TextPreview

Extract of sample
How did the 1970's oil crisis affect the US SAUDI relations ( in other words what does the 1970's oil shock tell us about the U

Download file to see previous pages... On her part, the United States was in need of quenching her thirst for oil which Saudi Arabian offered (Frum, 2000,76). However, the relationship between the two countries was not based on equality principles, making the United States refuse to honor some parts of the agreement. This was especially when the congress ordered the government to stop the supply of weapons for fear that they would be used to launch attacks on Israel. This act coupled by direct financial and weapon aid to Israel angered many oil producing countries. The resolution was to punish the United States through the oil embargo. This gave Saudi Arabia an opportunity to demonstrate its competitive advantage over the United States. Though the embargo would later be lifted after negotiations with King Faisal of Saudi Arabia, it brought changes in the way the two countries would relate in future. To the United States, there was need to review the way it related with other nations. The resumption of the relationship with Saudi Arabia was to be based on equality, respect and mutual benefits. The United States would also act as a mediator for peace in the Middle East instead of appearing to foster the aggression against Palestine by Israel. Great personalities such as Yamani, Ahmed Zaki and Ali Al-Naimi were imperative in shaping the relations between US and Saudi Arabia (Robinson, 1989, 87). History of the US-Saudi Arabia relationship and causes of the oil crisis The relationship between the United States and Saudi Arabia is deeply rooted. Its history dates back just before the commencement of the Second World War (Ian, 2004, 87). With the realization that Saudi Arabia had a huge reserve for oil, the United States was willing to do everything possible to cement its relationship with this country. Saudi Arabia had a competitive edge that many countries in the Asian continent did not have due to its resources in oil. Its importance was demonstrated when President Franklin Roosevelt ordered protection of Saudi Arabia (Hammes, 2005, 98). While this could be described as an ulterior motive since the country wanted to benefit from oil, this act assisted in cementing the relationship between the two countries. In addition to that, the United States with its engineers began the construction of military bases, infrastructure and training the Saudi Arabian military. The agreement between the two countries included the supply of the latest weapons to the Saudis in order to protect themselves from the eminent threat of attack from aggressors such as Iraq. On the other hand, the United States would be allow to construct its military bases in Saudi Arabia, while at the same time buying oil which at the time would cost at less than $3 a barrel. This enabled the United States meet the high demand for oil. During the cold war, the relationship between the two countries became even more solid. There was a threat that the Soviet Union would attack Saudi Arabia due to their relations with the United States (Hammes, 2005, 100). While the Soviet Union was spreading the communism ideologies, the United States promoted the capitalism. However, the United States demonstrated its support by defending this country against any threat. This was clear when Iraq had invaded Saudi Arabia, with an aim of destroying its relations with the west. At the time, the United States ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
How oil price fluctuation/shock effect United Kingdom economic growth from 1970 to 2009
Changes in oil prices have been associated with major developments in the world economy and are often seen as a trigger for inflation and recession. It should be noted that increase in oil prices in 1974 and 1979 were important factors in producing a slowing down in the world economy at a time when inflation was rising.
18 Pages(4500 words)Dissertation
US Gulf Oil
The politicians are also in support of the expansion of the drilling area to increase production of oil in order to curb the energy crisis in the country whereas Bob Keefe is more concerned of the effects to humanity and the aquatic life that would come about as a result of conducting this exercise.
4 Pages(1000 words)Essay
New Right and 1970's - 1990's
These countries were; Australia, Chile, France, Germany, Netherlands, New Zealand, Poland, Romania, South Korea and the United Kingdom. Many reasons contributed to this change in world politics. Economic problems became serious political problems in American politics with massive government programs of the 1960s and the economic problems in the 1970s.
5 Pages(1250 words)Essay
How Does Social Networking Affect Us
As the paper highlights as a function of understanding the way in which social media impacts upon different groups of people, the following analysis will analyze two of the articles that have thus far been presented during the course of the semester within the textbook. There are some positive ways in which social media can impact upon business creation.
4 Pages(1000 words)Essay
Saudi Arabia and US Relations: A Mediating Role of Oil
The companies that are operating around the world are considered major consumers of oil products on an international level. The countries are identified as facilitators for multinational corporations and therefore, the latter mentioned entities have significant and notable level of influence on international relations and politics
7 Pages(1750 words)Literature review
The Oil Crises in the 1970s
The oil blockade was not only meant to demonstrate these nation’s vibrant power that they had on the supply of oil products to the whole world but also to protest against the Western nations and US which took the side with Israel against Egypt in the Yom Kippur war which caused the increase of price of petrol from just $3 per barrel to $12 per barrel in the year 1973.
12 Pages(3000 words)Term Paper
US Foreign Policy against Terrorism and How Did This Policy Affect US Relation with Saudi Arabia
US Foreign Policy against Terrorism and How Did This Policy Affect US Relation with Saudi Arabia Terrorism can be viewed as one of the new buzzwords in the context of American politics. The fear of this particular aspect i.e. terrorism has become so much embedded in this present day context that each news story, whether a fire or an industrial accident, encompasses a question regarding linkage with the significant concern of terrorism.
12 Pages(3000 words)Essay
American Films in the 1970's
Some of the finest film makers of the era such as Arthur Penn, Mike Nichols, Robert Altman, Coppola, Scorsese, Spielberg and John Cassavetes banged their entry into the film freternity. They adopted formal devices of new waves that were seen never before on the American screen.
5 Pages(1250 words)Essay
Oil Crisis
Oil prices have been a problem especially since the last decade. Something needs to be done to counteract it. Whether that something is efficient use of oil, finding alternatives or going back to the “Chinese Cycling Culture” is something which is yet to be seen, but what ever has to be done needs to be done really soon.
3 Pages(750 words)Essay
Is US foreign policy driven by oil
s is therefore using its military dominance to cover up its eroding status as an economic superpower by imposing its military actions in the conflict and crisis laden nations in the Middle East to facilitate control over oil. The American economic hegemony has lost its
16 Pages(4000 words)Essay
Let us find you another Essay on topic How did the 1970's oil crisis affect the US SAUDI relations ( in other words what does the 1970's oil shock tell us about the U for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us