Economic Quote by William E. Simon
“For the U.S., the primary interest is our continued access to Saudi Arabian oil in adequate quantities... at an acceptable political as well as economic price.”
About This Quote
Source Speech: Energy Policy, 1975
U.S. prioritizes stable, affordable Saudi oil for economic and political reasons.
In simple terms: U.S. needs reliable, cheap Saudi oil.
Key Takeaway
Secure stable energy supplies.
Themes
energy security
geopolitics
economics
Mood
analytical
concerned
Type
political
strategic
When to use this quote
- industrial production
- transportation
- national security
Key Concepts
oil dependence
foreign policy
Questions to Reflect On
- How can the U.S. diversify energy sources?
- What are the risks of oil dependence?
A Different Perspective
Reliance on foreign oil creates vulnerability.
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