Abstract
The author analyses the failure of the USA to deal effectively with three related problems: OPEC's increasing political influence; continuing reliance on Middle East crude; and a mounting deficit on the USA's external account. The discussion centres on the serious problems facing President Carter's July 1979 energy plan. The various components of the plan are examined in terms of US domestic politics and in terms of the international oil supply-demand position. An explanation is offered as to why Mr Carter has failed and will continue to fail to reduce the USA's dependence on oil. It is concluded that in the present political climate Congress is unable to support long-term solutions to the oil supply problems which the author envisages for the late 1980s.
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