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Last year's crisis in Caracas caught Washington by surprise, causing oil prices to skyrocket and exposing flaws in the U.S. ability to forecast and cope with threats to its oil supply. Both government and industry must do better next time.
Author: Michelle Billig
September/October 2004
Foreign Affairs
Last year's crisis in Caracas caught Washington by surprise, causing oil prices to skyrocket and exposing flaws in the U.S. ability to forecast and cope with threats to its oil supply. Both government and industry must do better next time.
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