Gerald D. Nash offers a balanced survey on American oil policies over a seventy-five year span, and places in historical perspective the controversies of government- business relations that have resulted from oil depletion and surplus allowances. Focusing on a single industry, Nash provides a valuable study on the government's role in private economic activity. He concludes that Americans have given the government great power in regulating the nation's industries, and in particular, as they relate to defense considerations, and the laws of supply and demand within American borders, and internationally.The inauguration of Franklin D. Roosevelt in 1933 did not usher in a revolution in oil policy. ... An heir to the New Nationalism of Theodore Roosevelt and of Woodrow Wilsona#39;s New Freedom, Roosevelt did not shrink from using federal powers in ... Like Harding and Coolidge, he was keenly aware of the contributions of the petroleum industry to the economic stability of the nation as a whole. ... These were major aims of his oil policies as they had been of earlier Administrations. Newanbsp;...
|Title||:||United States Oil Policy, 1890-1964|
|Author||:||Gerald D. Nash|
|Publisher||:||University of Pittsburgh Pre - 1968-10-15|