The document discusses the idea of using the United States' food supply as a bargaining chip to negotiate a better price and supply of oil from OPEC nations. It mentions the unsuccessful attempts to form a wheat cartel and the lack of leverage the US has had in the past. The document also highlights the importance of expanding national energy supplies to eventually break the OPEC cartel. Additionally, it mentions the potential for using wheat export leverage on Iran.

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Negotiating Oil Prices: The Potential of a US Wheat Cartel

Identifier:
CAC_CC_109_4_22_23_0028
Contributing Institution:
Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
Title:
Negotiating Oil Prices: The Potential of a US Wheat Cartel
Date Created:
1979-01-01
EDTF:
1979-01-01
Creator:
unknown
Rights:
http://rightsstatements.org/vocab/NKC/1.0/
Language:
eng
Record Type:
correspondence
Collection:
James R. Jones Collection
Collection Finding Aid:
https://arc.libraryhost.com/repositories/3/resources/70
Description:
The document discusses the idea of using the United States' food supply as a bargaining chip to negotiate a better price and supply of oil from OPEC nations. It mentions the unsuccessful attempts to form a wheat cartel and the lack of leverage the US has had in the past. The document also highlights the importance of expanding national energy supplies to eventually break the OPEC cartel. Additionally, it mentions the potential for using wheat export leverage on Iran.
Topic:
Business--United States
Congress:
96th (1979-1981)
Physical Location:
CAC_CC_109_4_0000, Box 22, Folder 23, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving
Location Represented:
United States (nation), Oklahoma (state)
Type:
Text
Extent:
2 Pages