Does the US government have any planning in place to ensure there's no shortages of food, fuel, steel and...
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Does the US government have any planning in place to ensure there's no shortages of food, fuel, steel and other commodities?
What is the purpose of food stamps, WIC, SNAP, and other related federal programs?Have any of the “We the People” petitions ever resulted in policy changes?Why don't we pay food stamps and unemployment benefits indefinitely to stimulate the economy?Do any countries have Country of Origin Food Labeling laws?What is “lobbying” and how does it get used in Canada to change government policy?Does the U.S. have any remaining economic or diplomatic ties with North Korea?Why does the USDA handle the food pyramid?What major flaws does this particular Universal Basic Income model have, if any?Does the DEA have authority to prohibit any substance?Does tax amnesty have any benefit except for potentially uncovering undeclared wealth?
Every time we go shopping store shelves are full of food, gas stations are stocked up on gas, car dealerships have no shortage of cars, etc. But who is ensuring that all of the complex processes required to maintain this state of affairs go smoothly? Is it just the free market doing its thing without any coordination? Or is there an office somewhere in DC where a big committee draws up a plan to ensure that no shortages take place in the foreseeable future?
united-states economy policy
add a comment |
Every time we go shopping store shelves are full of food, gas stations are stocked up on gas, car dealerships have no shortage of cars, etc. But who is ensuring that all of the complex processes required to maintain this state of affairs go smoothly? Is it just the free market doing its thing without any coordination? Or is there an office somewhere in DC where a big committee draws up a plan to ensure that no shortages take place in the foreseeable future?
united-states economy policy
1
The USA doesn't really have those aspects of a Planned Economy that would allow continued security of supply
– Dave Gremlin
2 hours ago
@Dave Gremlin The USA has continued security of supply precisely because it doesn't have a planned economy.
– Joe
2 hours ago
@Joe Apologies, can you tell me what markets are regulated to that end?
– Dave Gremlin
2 hours ago
add a comment |
Every time we go shopping store shelves are full of food, gas stations are stocked up on gas, car dealerships have no shortage of cars, etc. But who is ensuring that all of the complex processes required to maintain this state of affairs go smoothly? Is it just the free market doing its thing without any coordination? Or is there an office somewhere in DC where a big committee draws up a plan to ensure that no shortages take place in the foreseeable future?
united-states economy policy
Every time we go shopping store shelves are full of food, gas stations are stocked up on gas, car dealerships have no shortage of cars, etc. But who is ensuring that all of the complex processes required to maintain this state of affairs go smoothly? Is it just the free market doing its thing without any coordination? Or is there an office somewhere in DC where a big committee draws up a plan to ensure that no shortages take place in the foreseeable future?
united-states economy policy
united-states economy policy
edited 11 hours ago
JJJ
4,54022144
4,54022144
asked 15 hours ago
JonathanReezJonathanReez
13.8k1578157
13.8k1578157
1
The USA doesn't really have those aspects of a Planned Economy that would allow continued security of supply
– Dave Gremlin
2 hours ago
@Dave Gremlin The USA has continued security of supply precisely because it doesn't have a planned economy.
– Joe
2 hours ago
@Joe Apologies, can you tell me what markets are regulated to that end?
– Dave Gremlin
2 hours ago
add a comment |
1
The USA doesn't really have those aspects of a Planned Economy that would allow continued security of supply
– Dave Gremlin
2 hours ago
@Dave Gremlin The USA has continued security of supply precisely because it doesn't have a planned economy.
– Joe
2 hours ago
@Joe Apologies, can you tell me what markets are regulated to that end?
– Dave Gremlin
2 hours ago
1
1
The USA doesn't really have those aspects of a Planned Economy that would allow continued security of supply
– Dave Gremlin
2 hours ago
The USA doesn't really have those aspects of a Planned Economy that would allow continued security of supply
– Dave Gremlin
2 hours ago
@Dave Gremlin The USA has continued security of supply precisely because it doesn't have a planned economy.
– Joe
2 hours ago
@Dave Gremlin The USA has continued security of supply precisely because it doesn't have a planned economy.
– Joe
2 hours ago
@Joe Apologies, can you tell me what markets are regulated to that end?
– Dave Gremlin
2 hours ago
@Joe Apologies, can you tell me what markets are regulated to that end?
– Dave Gremlin
2 hours ago
add a comment |
2 Answers
2
active
oldest
votes
Although the United States generally avoids economic planning (and even industrial policy), this is not to say the government leaves everything to the market. I don't have much expertise on this topic so I'm sure the following list will be incomplete. But here are some examples of ways that the federal government intervenes to ensure the continued availability of basic consumer products.
Fuel and energy: 1) The Strategic Petroleum Reserve is an emergency supply of crude oil maintained by the federal government. This system was created as a response to shortages in the 1970s. It currently has about 30 days supply. 2) The Federal Energy Regulatory Commission oversees the development of energy transmission infrastructure like pipelines and the electrical grid.
Food: 1) The United States government has intermittently held strategic grain reserves. However since the 1970s at least, these seem to have been for foreign aid, not domestic consumption. 2) The USDA's National Agricultural Statistics Service closely monitors the national food supply month by month. 3) Other parts of the USDA provide subsidies, technical assistance, and other forms of support to farmers which help ensure an adequate food supply.
General: The Federal Reserve tracks things like price inflation for durable goods, which may influence monetary policy and other measures.
Finally I will note that during the Great Depression and especially during the two World Wars, federal intervention in the markets for basic commodities was far more active. See for example the War Production Board.
5
Despite food reserves are "for foreign aid, not domestic consumption" I would bet that in case of a huge catastrophe, they will be used for domestic consumption.
– vsz
9 hours ago
It should be noted that most of these efforts are intended for crises, and that they don't typically affect what happens day to day. I can't actually remember when the last time the strategic oil reserve was used, but I do remember debates when it was reduced (it affected Al Gore's presidential campaign).
– Joe
2 hours ago
1
Nearly every country has strategic oil reserves. Germany actually used it last summer as the river Rhine had to little water to transport oil in the south of the country. This led to a cost increase of around 50%. To stop this trend and guarantee supply for the industry in the south, the government used the oil reserves.
– miep
1 hour ago
1
@Joe I think I remember that during $4 gallon gas, around the later half of President Bush's 2nd term, there was a symbolic release of fuel from the strategic reserves. There was fear in the news that the US was in danger and a tiny, temporary dip in gasoline prices, what really lowered prices was allowing fracking and drilling.
– Frank Cedeno
1 hour ago
add a comment |
U.S.-Iran Oil Consortium
In August 1953, the Iranian military, with the help of British and U.S. intelligence agencies, overthrows Iranian Prime Minister Mohammad Mossadeq—who nationalized the country's oil industry two years earlier. The U.S. government works with U.S. oil majors and the Iranian government—now run by the Shah—to bring Iranian oil back online following a British embargo of oil shipments. Iran's oil remains nationalized, but in October 1954 the government agrees to a consortium of mainly U.S. companies to manage Iran's oil industry.
Suez Canal Crisis
In a 1957 speech to Congress, Eisenhower says the Middle East would be a prize for international communism and asks Congress to provide economic and military support for any nation or groups of nations in the region with "governments manifestly dedicated to the preservation of independence and resistance to subversion."
Iran-Iraq War
The Reagan administration issues a national security directive in 1983 to increase the U.S. military presence in the Persian Gulf to help protect the oil facilities and shipments to allies. The war lasts eight years.
https://www.cfr.org/timeline/oil-dependence-and-us-foreign-policy
Carter Doctrine
The Carter Doctrine was a policy proclaimed by President of the United States Jimmy Carter in his State of the Union Address on January 23, 1980, which stated that the United States would use military force, if necessary, to defend its national interests in the Persian Gulf.
There are other examples at the first link, and that's just oil. The US has hundreds of military bases around the world to control strategic minerals and other commodities.
9
This does not answer the question.
– Stephen
8 hours ago
Many other countries, e.g. Germany have no shortages whatsoever either, despite having no military bases around the world.
– Scrontch
4 hours ago
1
Oddly, enough, these military bases and foreign policies did nothing to change oil prices during several times where it would have been useful to do so, like during the Carter administration and the Iraq War.
– Joe
2 hours ago
To expand on what @Stephen says, if your intention is to say that US military presence is to ensure that "the spice must flow", then please explicitly state that in your answer rather than leaving it to implication.
– Jared Smith
4 mins ago
add a comment |
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2 Answers
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2 Answers
2
active
oldest
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active
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Although the United States generally avoids economic planning (and even industrial policy), this is not to say the government leaves everything to the market. I don't have much expertise on this topic so I'm sure the following list will be incomplete. But here are some examples of ways that the federal government intervenes to ensure the continued availability of basic consumer products.
Fuel and energy: 1) The Strategic Petroleum Reserve is an emergency supply of crude oil maintained by the federal government. This system was created as a response to shortages in the 1970s. It currently has about 30 days supply. 2) The Federal Energy Regulatory Commission oversees the development of energy transmission infrastructure like pipelines and the electrical grid.
Food: 1) The United States government has intermittently held strategic grain reserves. However since the 1970s at least, these seem to have been for foreign aid, not domestic consumption. 2) The USDA's National Agricultural Statistics Service closely monitors the national food supply month by month. 3) Other parts of the USDA provide subsidies, technical assistance, and other forms of support to farmers which help ensure an adequate food supply.
General: The Federal Reserve tracks things like price inflation for durable goods, which may influence monetary policy and other measures.
Finally I will note that during the Great Depression and especially during the two World Wars, federal intervention in the markets for basic commodities was far more active. See for example the War Production Board.
5
Despite food reserves are "for foreign aid, not domestic consumption" I would bet that in case of a huge catastrophe, they will be used for domestic consumption.
– vsz
9 hours ago
It should be noted that most of these efforts are intended for crises, and that they don't typically affect what happens day to day. I can't actually remember when the last time the strategic oil reserve was used, but I do remember debates when it was reduced (it affected Al Gore's presidential campaign).
– Joe
2 hours ago
1
Nearly every country has strategic oil reserves. Germany actually used it last summer as the river Rhine had to little water to transport oil in the south of the country. This led to a cost increase of around 50%. To stop this trend and guarantee supply for the industry in the south, the government used the oil reserves.
– miep
1 hour ago
1
@Joe I think I remember that during $4 gallon gas, around the later half of President Bush's 2nd term, there was a symbolic release of fuel from the strategic reserves. There was fear in the news that the US was in danger and a tiny, temporary dip in gasoline prices, what really lowered prices was allowing fracking and drilling.
– Frank Cedeno
1 hour ago
add a comment |
Although the United States generally avoids economic planning (and even industrial policy), this is not to say the government leaves everything to the market. I don't have much expertise on this topic so I'm sure the following list will be incomplete. But here are some examples of ways that the federal government intervenes to ensure the continued availability of basic consumer products.
Fuel and energy: 1) The Strategic Petroleum Reserve is an emergency supply of crude oil maintained by the federal government. This system was created as a response to shortages in the 1970s. It currently has about 30 days supply. 2) The Federal Energy Regulatory Commission oversees the development of energy transmission infrastructure like pipelines and the electrical grid.
Food: 1) The United States government has intermittently held strategic grain reserves. However since the 1970s at least, these seem to have been for foreign aid, not domestic consumption. 2) The USDA's National Agricultural Statistics Service closely monitors the national food supply month by month. 3) Other parts of the USDA provide subsidies, technical assistance, and other forms of support to farmers which help ensure an adequate food supply.
General: The Federal Reserve tracks things like price inflation for durable goods, which may influence monetary policy and other measures.
Finally I will note that during the Great Depression and especially during the two World Wars, federal intervention in the markets for basic commodities was far more active. See for example the War Production Board.
5
Despite food reserves are "for foreign aid, not domestic consumption" I would bet that in case of a huge catastrophe, they will be used for domestic consumption.
– vsz
9 hours ago
It should be noted that most of these efforts are intended for crises, and that they don't typically affect what happens day to day. I can't actually remember when the last time the strategic oil reserve was used, but I do remember debates when it was reduced (it affected Al Gore's presidential campaign).
– Joe
2 hours ago
1
Nearly every country has strategic oil reserves. Germany actually used it last summer as the river Rhine had to little water to transport oil in the south of the country. This led to a cost increase of around 50%. To stop this trend and guarantee supply for the industry in the south, the government used the oil reserves.
– miep
1 hour ago
1
@Joe I think I remember that during $4 gallon gas, around the later half of President Bush's 2nd term, there was a symbolic release of fuel from the strategic reserves. There was fear in the news that the US was in danger and a tiny, temporary dip in gasoline prices, what really lowered prices was allowing fracking and drilling.
– Frank Cedeno
1 hour ago
add a comment |
Although the United States generally avoids economic planning (and even industrial policy), this is not to say the government leaves everything to the market. I don't have much expertise on this topic so I'm sure the following list will be incomplete. But here are some examples of ways that the federal government intervenes to ensure the continued availability of basic consumer products.
Fuel and energy: 1) The Strategic Petroleum Reserve is an emergency supply of crude oil maintained by the federal government. This system was created as a response to shortages in the 1970s. It currently has about 30 days supply. 2) The Federal Energy Regulatory Commission oversees the development of energy transmission infrastructure like pipelines and the electrical grid.
Food: 1) The United States government has intermittently held strategic grain reserves. However since the 1970s at least, these seem to have been for foreign aid, not domestic consumption. 2) The USDA's National Agricultural Statistics Service closely monitors the national food supply month by month. 3) Other parts of the USDA provide subsidies, technical assistance, and other forms of support to farmers which help ensure an adequate food supply.
General: The Federal Reserve tracks things like price inflation for durable goods, which may influence monetary policy and other measures.
Finally I will note that during the Great Depression and especially during the two World Wars, federal intervention in the markets for basic commodities was far more active. See for example the War Production Board.
Although the United States generally avoids economic planning (and even industrial policy), this is not to say the government leaves everything to the market. I don't have much expertise on this topic so I'm sure the following list will be incomplete. But here are some examples of ways that the federal government intervenes to ensure the continued availability of basic consumer products.
Fuel and energy: 1) The Strategic Petroleum Reserve is an emergency supply of crude oil maintained by the federal government. This system was created as a response to shortages in the 1970s. It currently has about 30 days supply. 2) The Federal Energy Regulatory Commission oversees the development of energy transmission infrastructure like pipelines and the electrical grid.
Food: 1) The United States government has intermittently held strategic grain reserves. However since the 1970s at least, these seem to have been for foreign aid, not domestic consumption. 2) The USDA's National Agricultural Statistics Service closely monitors the national food supply month by month. 3) Other parts of the USDA provide subsidies, technical assistance, and other forms of support to farmers which help ensure an adequate food supply.
General: The Federal Reserve tracks things like price inflation for durable goods, which may influence monetary policy and other measures.
Finally I will note that during the Great Depression and especially during the two World Wars, federal intervention in the markets for basic commodities was far more active. See for example the War Production Board.
edited 12 hours ago
Brythan
68.3k8142233
68.3k8142233
answered 14 hours ago
Brian ZBrian Z
2,528616
2,528616
5
Despite food reserves are "for foreign aid, not domestic consumption" I would bet that in case of a huge catastrophe, they will be used for domestic consumption.
– vsz
9 hours ago
It should be noted that most of these efforts are intended for crises, and that they don't typically affect what happens day to day. I can't actually remember when the last time the strategic oil reserve was used, but I do remember debates when it was reduced (it affected Al Gore's presidential campaign).
– Joe
2 hours ago
1
Nearly every country has strategic oil reserves. Germany actually used it last summer as the river Rhine had to little water to transport oil in the south of the country. This led to a cost increase of around 50%. To stop this trend and guarantee supply for the industry in the south, the government used the oil reserves.
– miep
1 hour ago
1
@Joe I think I remember that during $4 gallon gas, around the later half of President Bush's 2nd term, there was a symbolic release of fuel from the strategic reserves. There was fear in the news that the US was in danger and a tiny, temporary dip in gasoline prices, what really lowered prices was allowing fracking and drilling.
– Frank Cedeno
1 hour ago
add a comment |
5
Despite food reserves are "for foreign aid, not domestic consumption" I would bet that in case of a huge catastrophe, they will be used for domestic consumption.
– vsz
9 hours ago
It should be noted that most of these efforts are intended for crises, and that they don't typically affect what happens day to day. I can't actually remember when the last time the strategic oil reserve was used, but I do remember debates when it was reduced (it affected Al Gore's presidential campaign).
– Joe
2 hours ago
1
Nearly every country has strategic oil reserves. Germany actually used it last summer as the river Rhine had to little water to transport oil in the south of the country. This led to a cost increase of around 50%. To stop this trend and guarantee supply for the industry in the south, the government used the oil reserves.
– miep
1 hour ago
1
@Joe I think I remember that during $4 gallon gas, around the later half of President Bush's 2nd term, there was a symbolic release of fuel from the strategic reserves. There was fear in the news that the US was in danger and a tiny, temporary dip in gasoline prices, what really lowered prices was allowing fracking and drilling.
– Frank Cedeno
1 hour ago
5
5
Despite food reserves are "for foreign aid, not domestic consumption" I would bet that in case of a huge catastrophe, they will be used for domestic consumption.
– vsz
9 hours ago
Despite food reserves are "for foreign aid, not domestic consumption" I would bet that in case of a huge catastrophe, they will be used for domestic consumption.
– vsz
9 hours ago
It should be noted that most of these efforts are intended for crises, and that they don't typically affect what happens day to day. I can't actually remember when the last time the strategic oil reserve was used, but I do remember debates when it was reduced (it affected Al Gore's presidential campaign).
– Joe
2 hours ago
It should be noted that most of these efforts are intended for crises, and that they don't typically affect what happens day to day. I can't actually remember when the last time the strategic oil reserve was used, but I do remember debates when it was reduced (it affected Al Gore's presidential campaign).
– Joe
2 hours ago
1
1
Nearly every country has strategic oil reserves. Germany actually used it last summer as the river Rhine had to little water to transport oil in the south of the country. This led to a cost increase of around 50%. To stop this trend and guarantee supply for the industry in the south, the government used the oil reserves.
– miep
1 hour ago
Nearly every country has strategic oil reserves. Germany actually used it last summer as the river Rhine had to little water to transport oil in the south of the country. This led to a cost increase of around 50%. To stop this trend and guarantee supply for the industry in the south, the government used the oil reserves.
– miep
1 hour ago
1
1
@Joe I think I remember that during $4 gallon gas, around the later half of President Bush's 2nd term, there was a symbolic release of fuel from the strategic reserves. There was fear in the news that the US was in danger and a tiny, temporary dip in gasoline prices, what really lowered prices was allowing fracking and drilling.
– Frank Cedeno
1 hour ago
@Joe I think I remember that during $4 gallon gas, around the later half of President Bush's 2nd term, there was a symbolic release of fuel from the strategic reserves. There was fear in the news that the US was in danger and a tiny, temporary dip in gasoline prices, what really lowered prices was allowing fracking and drilling.
– Frank Cedeno
1 hour ago
add a comment |
U.S.-Iran Oil Consortium
In August 1953, the Iranian military, with the help of British and U.S. intelligence agencies, overthrows Iranian Prime Minister Mohammad Mossadeq—who nationalized the country's oil industry two years earlier. The U.S. government works with U.S. oil majors and the Iranian government—now run by the Shah—to bring Iranian oil back online following a British embargo of oil shipments. Iran's oil remains nationalized, but in October 1954 the government agrees to a consortium of mainly U.S. companies to manage Iran's oil industry.
Suez Canal Crisis
In a 1957 speech to Congress, Eisenhower says the Middle East would be a prize for international communism and asks Congress to provide economic and military support for any nation or groups of nations in the region with "governments manifestly dedicated to the preservation of independence and resistance to subversion."
Iran-Iraq War
The Reagan administration issues a national security directive in 1983 to increase the U.S. military presence in the Persian Gulf to help protect the oil facilities and shipments to allies. The war lasts eight years.
https://www.cfr.org/timeline/oil-dependence-and-us-foreign-policy
Carter Doctrine
The Carter Doctrine was a policy proclaimed by President of the United States Jimmy Carter in his State of the Union Address on January 23, 1980, which stated that the United States would use military force, if necessary, to defend its national interests in the Persian Gulf.
There are other examples at the first link, and that's just oil. The US has hundreds of military bases around the world to control strategic minerals and other commodities.
9
This does not answer the question.
– Stephen
8 hours ago
Many other countries, e.g. Germany have no shortages whatsoever either, despite having no military bases around the world.
– Scrontch
4 hours ago
1
Oddly, enough, these military bases and foreign policies did nothing to change oil prices during several times where it would have been useful to do so, like during the Carter administration and the Iraq War.
– Joe
2 hours ago
To expand on what @Stephen says, if your intention is to say that US military presence is to ensure that "the spice must flow", then please explicitly state that in your answer rather than leaving it to implication.
– Jared Smith
4 mins ago
add a comment |
U.S.-Iran Oil Consortium
In August 1953, the Iranian military, with the help of British and U.S. intelligence agencies, overthrows Iranian Prime Minister Mohammad Mossadeq—who nationalized the country's oil industry two years earlier. The U.S. government works with U.S. oil majors and the Iranian government—now run by the Shah—to bring Iranian oil back online following a British embargo of oil shipments. Iran's oil remains nationalized, but in October 1954 the government agrees to a consortium of mainly U.S. companies to manage Iran's oil industry.
Suez Canal Crisis
In a 1957 speech to Congress, Eisenhower says the Middle East would be a prize for international communism and asks Congress to provide economic and military support for any nation or groups of nations in the region with "governments manifestly dedicated to the preservation of independence and resistance to subversion."
Iran-Iraq War
The Reagan administration issues a national security directive in 1983 to increase the U.S. military presence in the Persian Gulf to help protect the oil facilities and shipments to allies. The war lasts eight years.
https://www.cfr.org/timeline/oil-dependence-and-us-foreign-policy
Carter Doctrine
The Carter Doctrine was a policy proclaimed by President of the United States Jimmy Carter in his State of the Union Address on January 23, 1980, which stated that the United States would use military force, if necessary, to defend its national interests in the Persian Gulf.
There are other examples at the first link, and that's just oil. The US has hundreds of military bases around the world to control strategic minerals and other commodities.
9
This does not answer the question.
– Stephen
8 hours ago
Many other countries, e.g. Germany have no shortages whatsoever either, despite having no military bases around the world.
– Scrontch
4 hours ago
1
Oddly, enough, these military bases and foreign policies did nothing to change oil prices during several times where it would have been useful to do so, like during the Carter administration and the Iraq War.
– Joe
2 hours ago
To expand on what @Stephen says, if your intention is to say that US military presence is to ensure that "the spice must flow", then please explicitly state that in your answer rather than leaving it to implication.
– Jared Smith
4 mins ago
add a comment |
U.S.-Iran Oil Consortium
In August 1953, the Iranian military, with the help of British and U.S. intelligence agencies, overthrows Iranian Prime Minister Mohammad Mossadeq—who nationalized the country's oil industry two years earlier. The U.S. government works with U.S. oil majors and the Iranian government—now run by the Shah—to bring Iranian oil back online following a British embargo of oil shipments. Iran's oil remains nationalized, but in October 1954 the government agrees to a consortium of mainly U.S. companies to manage Iran's oil industry.
Suez Canal Crisis
In a 1957 speech to Congress, Eisenhower says the Middle East would be a prize for international communism and asks Congress to provide economic and military support for any nation or groups of nations in the region with "governments manifestly dedicated to the preservation of independence and resistance to subversion."
Iran-Iraq War
The Reagan administration issues a national security directive in 1983 to increase the U.S. military presence in the Persian Gulf to help protect the oil facilities and shipments to allies. The war lasts eight years.
https://www.cfr.org/timeline/oil-dependence-and-us-foreign-policy
Carter Doctrine
The Carter Doctrine was a policy proclaimed by President of the United States Jimmy Carter in his State of the Union Address on January 23, 1980, which stated that the United States would use military force, if necessary, to defend its national interests in the Persian Gulf.
There are other examples at the first link, and that's just oil. The US has hundreds of military bases around the world to control strategic minerals and other commodities.
U.S.-Iran Oil Consortium
In August 1953, the Iranian military, with the help of British and U.S. intelligence agencies, overthrows Iranian Prime Minister Mohammad Mossadeq—who nationalized the country's oil industry two years earlier. The U.S. government works with U.S. oil majors and the Iranian government—now run by the Shah—to bring Iranian oil back online following a British embargo of oil shipments. Iran's oil remains nationalized, but in October 1954 the government agrees to a consortium of mainly U.S. companies to manage Iran's oil industry.
Suez Canal Crisis
In a 1957 speech to Congress, Eisenhower says the Middle East would be a prize for international communism and asks Congress to provide economic and military support for any nation or groups of nations in the region with "governments manifestly dedicated to the preservation of independence and resistance to subversion."
Iran-Iraq War
The Reagan administration issues a national security directive in 1983 to increase the U.S. military presence in the Persian Gulf to help protect the oil facilities and shipments to allies. The war lasts eight years.
https://www.cfr.org/timeline/oil-dependence-and-us-foreign-policy
Carter Doctrine
The Carter Doctrine was a policy proclaimed by President of the United States Jimmy Carter in his State of the Union Address on January 23, 1980, which stated that the United States would use military force, if necessary, to defend its national interests in the Persian Gulf.
There are other examples at the first link, and that's just oil. The US has hundreds of military bases around the world to control strategic minerals and other commodities.
answered 9 hours ago
Keith McClaryKeith McClary
459210
459210
9
This does not answer the question.
– Stephen
8 hours ago
Many other countries, e.g. Germany have no shortages whatsoever either, despite having no military bases around the world.
– Scrontch
4 hours ago
1
Oddly, enough, these military bases and foreign policies did nothing to change oil prices during several times where it would have been useful to do so, like during the Carter administration and the Iraq War.
– Joe
2 hours ago
To expand on what @Stephen says, if your intention is to say that US military presence is to ensure that "the spice must flow", then please explicitly state that in your answer rather than leaving it to implication.
– Jared Smith
4 mins ago
add a comment |
9
This does not answer the question.
– Stephen
8 hours ago
Many other countries, e.g. Germany have no shortages whatsoever either, despite having no military bases around the world.
– Scrontch
4 hours ago
1
Oddly, enough, these military bases and foreign policies did nothing to change oil prices during several times where it would have been useful to do so, like during the Carter administration and the Iraq War.
– Joe
2 hours ago
To expand on what @Stephen says, if your intention is to say that US military presence is to ensure that "the spice must flow", then please explicitly state that in your answer rather than leaving it to implication.
– Jared Smith
4 mins ago
9
9
This does not answer the question.
– Stephen
8 hours ago
This does not answer the question.
– Stephen
8 hours ago
Many other countries, e.g. Germany have no shortages whatsoever either, despite having no military bases around the world.
– Scrontch
4 hours ago
Many other countries, e.g. Germany have no shortages whatsoever either, despite having no military bases around the world.
– Scrontch
4 hours ago
1
1
Oddly, enough, these military bases and foreign policies did nothing to change oil prices during several times where it would have been useful to do so, like during the Carter administration and the Iraq War.
– Joe
2 hours ago
Oddly, enough, these military bases and foreign policies did nothing to change oil prices during several times where it would have been useful to do so, like during the Carter administration and the Iraq War.
– Joe
2 hours ago
To expand on what @Stephen says, if your intention is to say that US military presence is to ensure that "the spice must flow", then please explicitly state that in your answer rather than leaving it to implication.
– Jared Smith
4 mins ago
To expand on what @Stephen says, if your intention is to say that US military presence is to ensure that "the spice must flow", then please explicitly state that in your answer rather than leaving it to implication.
– Jared Smith
4 mins ago
add a comment |
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The USA doesn't really have those aspects of a Planned Economy that would allow continued security of supply
– Dave Gremlin
2 hours ago
@Dave Gremlin The USA has continued security of supply precisely because it doesn't have a planned economy.
– Joe
2 hours ago
@Joe Apologies, can you tell me what markets are regulated to that end?
– Dave Gremlin
2 hours ago