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OIL AND WORLD WAR II
Japanese Strategy January 1942
Axis Launches Desperate Offensive at Allied
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Allied Anglo-Iranian Oil Company areas Bahrein British capacity coal commercial concessions consuming countries continued coordinated cost coun crude oil demand dependence developing countries dollar domestic economic effective effort energy policy essential established Europe Europe's European expansion exploration foreign exchange foreign oil free world future German importing countries increase interests international oil companies investment Iran Iraq Iraq Petroleum Company Japan Levy major ment Middle East oil million barrels daily national oil needs OECD oil imports oil industry oil operations oil policy oil prices oil resources oil supplies oil trade oil-importing countries oil-producing countries OPEC countries panies participation percent Persian Gulf petrodollar petroleum political position potential problems producing countries refineries refining role Saudi Arabia soft currency sources Soviet Soviet Union strategic substantial synthetic synthetic oil tanker tion transport United Western Hemisphere world oil