International records / Foreign Relations of the United States

228. Memorandum From the Director of the Office of Fuels and Energy, Bureau of Economic Affairs ( Oliver ) to the Deputy Assistant Secretary of State for Economic Affairs ( Fried )

uwait—2.9 Iraq—.9 Total Eastern Arab—7.0 UAR—.1 Libya—1.7 Algeria—.8 Total North African Arab—2.6 Total Arab—9.6 If the oil were lost it could partially be made up from the following sources: “Immediately” Within six months North America 1.0 2.5–3.0 Nigeria .2 .35–.5 Indonesia .1 .15–.3 Iran .3 .8 Total 1.6 3.8–4.6 The emergency oil would be expensive. Europe currently imports about 7.5 million b/d for which it pays $6.7 billion per year. Under emergency conditions about 3.9 million b/d could probably be made available to Europe but the cost would be $5.7 billion per year—a per barrel increase…

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Source	Foreign Relations of the United States
Collection	International records
Kind	Document
Publisher	US Department of State, Office of the Historian
Date	1967-05-23
Type	diplomatic document (FRUS)
Details	Foreign Relations of the United States, 1964–1968, Volume XXXIV, Energy Diplomacy and Global Issues
Found at	https://history.state.gov/historicaldocuments/frus1964-68v34/d228
Archived copy	Look it up in the Wayback Machine
Record ID	`frus:frus1964-68v34/d228`

Cite this record

228. Memorandum From the Director of the Office of Fuels and Energy, Bureau of Economic Affairs ( Oliver ) to the Deputy Assistant Secretary of State for Economic Affairs ( Fried ). Foreign Relations of the United States, 1967. Vero Archive, record frus:frus1964-68v34/d228.