Abstract
Recent reports confirm that Soviet oil production continues to fall well below official target levels. There is a real possibility that during the 1980s the Soviet bloc may shift from being a leading oil exporter to a net oil importer. Such a shift is likely to focus Soviet interest on the Persian Gulf area, which is the only source of oil likely to meet its needs. In this article it is argued that current Soviet energy production problems could be solved by the import of US technology. It is not therefore in the USA's best longterm interests to embargo sales of oil and gas extraction technology to the USSR. Rather, the author suggests, such exports should be encouraged so that Soviet domestic energy production can be expanded and the political repercussions of an energy shortfall in the USSR avoided.
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