International Oil Companies, US Government and Energy Security Policy: An Interest-Based Analysis

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Title International Oil Companies, US Government and Energy Security Policy: An Interest-Based Analysis
Author Vivoda, Vlado
Journal Name International Journal of Global Energy Issues
Year Published 2010
Place of publication United Kingdom
Publisher Inderscience
Abstract This article evaluates the importance of US international oil companies (IOCs) for US energy security and is particularly important given the absence of scholarly analysis of the subject area in both the energy security and international business literature. The analysis suggests that the interests of US IOCs and the US Government have not been exclusively aligned and that the two sides have historically, in most cases, acted independently in pursuit of their interests. The IOCs act in harmony with the US foreign and energy security policy only when their interests are congruent, or under severe threat, such as that of legal action. The US IOCs have historically played a very limited role in enhancing US energy security. In recent years, to the extent that they have been unable to secure access to new oil reserves and increase their oil production, they are not supporting US energy security interests.
Peer Reviewed Yes
Published Yes
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Copyright Statement Copyright 2010 Inderscience Publishers. This is the author-manuscript version of this paper. Reproduced in accordance with the copyright policy of the publisher. Please refer to the journal website for access to the definitive, published version.
Volume 33
Issue Number 1/2
Page from 73
Page to 88
ISSN 0954-7118
Date Accessioned 2010-11-01
Date Available 2011-05-12T07:02:43Z
Language en_AU
Research Centre Griffith Asia Institute
Faculty Griffith Business School
Subject International Relations
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1x

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