International records / Foreign Relations of the United States

289. Memorandum From Secretary of Energy Duncan to President Carter

h several members still have a wait-and-see attitude. The resumption of Iraqi crude exports via pipelines to Turkey and Syria, and the continuing exports of modest quantities of Iranian oil, combined with higher production from Saudi Arabia, Kuwait, Nigeria and a few others, have had a temporary calming effect on the spot market, where prices have recently declined slightly for the first time in ten weeks. This temporary market reaction, however, belies the serious risks which lie ahead. Even with the improved supply picture, world oil production will fall some 2 MMB/D short of projected deman…

No file is held for this record yet. The catalogue entry and the link to where it was published are kept.

Source	Foreign Relations of the United States
Collection	International records
Kind	Document
Publisher	US Department of State, Office of the Historian
Date	1980-12-04
Type	diplomatic document (FRUS)
Details	Foreign Relations of the United States, 1969–1976, Volume XXXVII, Energy Crisis, 1974–1980
Found at	https://history.state.gov/historicaldocuments/frus1969-76v37/d289
Archived copy	Look it up in the Wayback Machine
Record ID	`frus:frus1969-76v37/d289`

Cite this record

289. Memorandum From Secretary of Energy Duncan to President Carter. Foreign Relations of the United States, 1980. Vero Archive, record frus:frus1969-76v37/d289.