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Arab Oil Threats Should Not Panic U.S.

October 19, 1973
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Sen. Jacob K.Javits urged Americans today not to be panicked into altering U.S. foreign policy because of the alleged affects of the Middle East war on oil supplies. “The constant talk about the Arab ‘oil weapon’ has led too many Americans to believe that the Arabs may have a stranglehold over the economy in the democratic industrial world, and that the only way out is, in substance, to cave into the oil blackmail of certain radical Arab states and to liquidate Israel. This is simply not true and furthermore has almost nothing to do with U.S. resupply of Israel.” the N.Y. Republican said at a press conference here.

Meanwhile in Washington a bipartisan bloc of 38 Congressmen have sponsored a resolution in the House of Representatives calling on President Nixon to take “Immediate steps to end any U.S. dependence on Arab oil.” The resolution was introduced by Rep. Clarence D. Long (D.Md.) coincidental with a meeting of Arab oil ministers in Kuwait. Long stated that “The truth is that less than four percent of oil consumption by the United States comes from the Arab producers involved in plans to cut off oil supplies to the United States.” At the same time Sen. Henry M. Jackson (D.Wash.) proposed emergency legislation to offset any losses of imports from the Middle East. He said he was introducing a plan for contingency measures because the administration has failed to deal with shortages.

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