Word: persian
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Written by Bradshaw Professor of Public PolicyWilliam H. Hogan and EEPC Assistant Director BijanMossavar-Rahmani, the report advocates a $5 abarrel oil import fee, saying that a tariff willhelp reduce American dependence on oil sourcesfrom the volatile Persian Gulf area. In addition,the study challenges the findings of a 1987 DOEreport, called "Energy Security," which the EEPCsays miscalculated by $200 billion the costs of anoil import...
...possible that almost two-thirds of Americans 18 to 24 cannot point to France on an outline map? That 75% of adult Americans are unable to locate the Persian Gulf, where 39 American sailors have died in the past two years? That a few put the U.S. inside Australia or Botswana...
...examined six weapons systems, including the Aegis defense system used by U.S. vessels in the Persian Gulf. "In all six cases," said the report, "the test agencies stated findings that were not consistent with the evidence." Among the OT&E's sins: setting up targets that were slower or easier to hit than those in combat and using few or no countermeasures, such as radar jamming, to challenge the weapons systems...
...Iraqi pipeline. At the instigation of his friend and attorney E. Robert Wallach, Meese helped promote U.S. and Israeli guarantees for a proposed pipeline that would allow Iraqi oil to bypass the Persian Gulf. Wallach told Meese the plan included a proposal to pay off Israel's Labor Party so that Israel would not sabotage the project. "If an illegal bribery scheme actually was afoot, Mr. Meese's actions would have furthered the scheme," said McKay. But some participants refused to be questioned, and there was insufficient evidence that a bribe plot existed. Thus McKay did not charge Meese with...
...find it difficult to push prices much higher. "If the war ends, the geopolitics of oil are changed greatly," says Daniel Yergin, president of Cambridge Energy Research Associates in Cambridge, Mass. "But the price may not be changed nearly as much." The possibility of peace in the Persian Gulf seems to have left the petroleum community as bewildered as the rest of the world...