Foreign Relations of the United States, 1969–1976, Volume
XXXVI, Energy Crisis, 1969–1974
Abbreviations and terms
-
AD,
Acción Democrática, Venezuelan political party
-
AEC, Atomic Energy
Commission
-
AF, Bureau of African
Affairs, Department of State
-
AF/I, Office of
Inter-African Affairs, Bureau of African Affairs, Department of State
-
AF/N, Office of North
African Affairs, Bureau of African Affairs, Department of State
-
AGEC, Arabian Gulf
Exploration Company
-
AID, Agency for
International Development
-
AmEmbassy,
American Embassy
-
API, American
Petroleum Institute
-
APQ, Annual Programmed
Quantity. This is a means of determining the amount of oil that could be
lifted from Iran in any one year, based on proportion of shares the
companies held in the Consortium.
-
ARA, Bureau of
Inter-American Affairs, Department of State
-
ARAMCO,
Arabian-American Oil Company, a subsidiary of Socal (30
percent), Texaco (30 percent), Esso (30 percent), and Mobil (10 percent)
-
ARCO,
Atlantic-Richfield Company
-
ASD, Assistant
Secretary of Defense
-
ASD(I&L),
Assistant Secretary of Defense (Installations and Logistics)
-
AUB, American
University of Beirut
-
Auction or
Bilateral Oil Price, one of the prices at which crude
oil is sold, constituting the price governments obtain for their royalty oil
and that portion of their participation oil that they do not sell back to the companies.
The oil must be sold at or above the posted
price, and if not sold back to the companies, is either actioned
to the highest bidder or sold under bilateral agreement. In 1974
approximately 10–15 percent of OPEC
production was auction/bilateral oil.
-
bbl, barrel,
equivalent to 42 U.S. standard gallons or 35
imperial gallons
-
b/d, bpd, barrels
per day
-
bil., B,
billion
-
BOAC, British
Overseas Airways Corporation
-
BP, British
Petroleum
-
BS, Brent
Scowcroft
-
Buyback Oil
Price, one of the prices at which crude oil is sold, the
buyback price is a negotiated price at which companies buy back participation oil—that is, oil owned
by governments as a result of their equity shares. In 1974 approximately 20
percent of OPEC production was sold at
buyback prices. It was somewhere between the equity-oil price and the posted price.
-
C, Confidential
-
C–20, Committee of 20,
IMF Committee to develop proposals on
international monetary reform
-
CA, Circular
Airgram
-
CDS, Construction
Differential Subsidy
-
CEA, Council of
Economic Advisers
-
CENTO, Central
Treaty Organization
-
CEO, Chief Executive
Officer
-
CFP,
Compagnie Française des Pétroles
-
Cherokee,
communication channel for eyes only and sensitive messages between the
Secretary of State and Ambassadors
-
Chrm.,
Chairman
-
CIA, Central
Intelligence Agency
-
CIEP, Council on
International Economic Policy
-
c.i.f., cost,
insurance, and freight
-
CINCPAC,
Commander-in-Chief, Pacific Command
-
CINCUSAFE,
Commander-in-Chief, U.S. Air Force,
Europe
-
ConGen, Consul
General
-
Consortium,
those oil companies that operated the oil concession in Iran. The shares of
the Consortium were held by BP, Shell, CFP,
Exxon (Esso), Mobil, Socal, Texaco, Gulf, and Iricon (the shares of which were owned by 12
independents).
-
COPEI,
Comité de Organización Política Electoral
Independiente—Partido Social Christiano de Venezuela (Social
Christian Party of Venezuela)
-
CORCO, Commonwealth
Oil Refinery Company
-
Cutback, reduced
production due to unilateral decisions. The difference between production in
a designated base period and the period of cutback is used to determine
sharing; 60 percent of any cutback is shared by all Libyan producers
including any cutback party(s).
-
CSCE, Conference on
Security and Cooperation in Europe
-
CVP,
Corporación Venezolana del Petróleo (Venezuelan
Petroleum Corporation)
-
D, Office of the Deputy
Secretary of State
-
D.C., District of
Columbia
-
DCM, Deputy Chief of
Mission
-
DDO, Deputy Director
of Operations, Central Intelligence Agency
-
DefMin, Defense
Minister
-
Del(s), delegate(s),
delegation(s)
-
Deminex, the
German state oil supply company
-
DENR, Department of
Energy and Natural Resources (proposed)
-
Depto, indicator for
telegrams from the Deputy Secretary of State
-
Deptoff(s),
Department Officer(s)
-
Dissem,
dissemination
-
DOD, Department of
Defense
-
DOI, Department of
Interior
-
DOT, Department of
Transportation
-
Downstream,
activities focused on product distribution, i.e., refining and the
transportation, marketing and distribution that occurs after
refining.
-
DNR, Department of
Natural Resources (proposed)
-
DPRC, Defense Program
Review Committee
-
DTI, Department of
Trade and Investment (United Kingdom)
-
DWT, deadweight
tons
-
E, Bureau of Economic
Affairs, Department of State
-
EAG, Energy Action
Group
-
EB/FSE, Office of
Fuels and Energy, Bureau of Economic and Business Affairs, Department of
State
-
EB/OIA, Office of
Investment Affairs, Bureau of Economic and Business Affairs, Department of
State
-
EB/ORF/FSE,
Office of Fuels and Energy, International Resources and Food Policy, Bureau
of Economic and Business Affairs, Department of State
-
EB/ORF/ICD,
Office of International Commodities, International Resources and Food
Policy, Bureau of Economic and Business Affairs, Department of State
-
EC, European
Community
-
ECG, Energy
Coordinating Group
-
EconCounselor, Economic Counselor
-
EconMin, Economics
Minister
-
EE, Office of Eastern
European Affairs, Bureau of European Affairs, Department of State; also,
Eastern Europe
-
EEC, European Economic
Community
-
EEAG, Energy
Emergency Action Group
-
ENI,
Ente Nazionale Idrocarburi, Italian oil
company
-
EPA, Environmental
Protection Agency, formed on July 9, 1970
-
Equity Oil
Price, one of the prices at which crude oil is sold; based
on the companies’ tax and royalty payments to the producer governments. In
1974 approximately 65 percent of OPEC oil
was sold at the equity oil price.
-
ERDA, Energy Research
and Technology Administration
-
Esso, phonetic
pronunciation of “S O” for Standard Oil of New Jersey
-
EUR/BMI, Office of
United Kingdom, Ireland, and Malta, Bureau of European Affairs, Department
of State
-
EUR/CAN, Office of
Canadian Affairs, Bureau of European Affairs, Department of State
-
EUR/FBX, Office of
France and Benelux Affairs, Bureau of European Affairs, Department of
State
-
EUR/RPE, Office of
Organization for Economic Cooperation and Development, European Community,
and Atlantic Political-Economic Affairs, Bureau of European Affairs,
Department of State
-
EUR/RPM, Office of
North Atlantic Treaty Organization and Atlantic Political-Military Affairs,
Bureau of European Affairs, Department of State
-
EXCOM, Executive
Committee
-
Exdis, exclusive
distribution
-
Ex-Im, Export-Import
Bank of the United States
-
Exxon, the trade
name for Standard Oil of New Jersey, adopted in 1972
-
FBI, Federal Bureau of
Investigation
-
FBIS, Foreign
Broadcast Information Service
-
FCO, Foreign and
Commonwealth Office (United Kingdom)
-
FEA, Federal Energy
Administration
-
FEO, Federal Energy
Office
-
FinMin, Finance
Minister
-
FOB, free on board,
the value of goods up to the point of embarkation
-
FonMin, Foreign
Minister; Foreign Ministry
-
FonOff, Foreign
Office
-
FPC, Federal Power
Commission
-
FRC, Federal Records
Center
-
Free Trade
Zones, geographic areas exempt from import and/or taxation
restrictions
-
FRG, Federal Republic
of Germany
-
FSE,
see
E/FSE
-
FY, fiscal year
-
FYI, for your
information
-
GATT, General
Agreement on Tariffs and Trade
-
GB,
George H.W. Bush
-
G.E., General
Electric
-
GMT, Greenwich Mean
Time
-
GNP, Gross National
Product
-
GOC, Government of
Canada
-
GOE, Government of
Egypt
-
GOF, Government of
France
-
GOI, Government of
Iran, Government of Israel, Government of Indonesia
-
GOJ, Government of
Japan, Government of Jordan
-
GOK, Government of
Kuwait
-
GON, Government of
Netherlands
-
GOV, Government of
Venezuela
-
Govt.,
government
-
Gravity
(specific) (API gravity), a measure of weight per barrel
of oil; the higher the gravity the heavier the crude. The common
measurement, or API gravity, is expressed in terms of degrees and is
inversely related to specific gravity, so that the heavier the crude the
lower the API gravity, or conversely, the higher the API gravity the lighter
and more valuable the crude. Most crudes range between 30–45º API. A light
crude yields a larger percentage of more valuable products after refining
than does a heavy crude of low API gravity. Lighter crude often carried a
higher posted price.
-
GSA, General Services
Administration
-
GWG, Governance
Working Group, Organization for Economic Cooperation and Development
-
HAK,
Henry A. Kissinger
-
Hakto, series
indicator for telegrams sent by Kissinger while away from Washington
-
H.E., His (Her)
Excellency
-
HLG, High-Level Group,
Organization for Economic Cooperation and Development Oil Committee
-
HIM, His Imperial
Majesty
-
HMG, Her Majesty’s
Government
-
IA–ECOSOC,
Inter-American Economic and Social Council
-
IBRD, International
Bank for Reconstruction and Development, World Bank
-
IDB, International
Development Bank
-
IEP, integrated
emergency program
-
IERG, International
Energy Review Group
-
IIAB, International
Industry Advisory Board
-
IL, Installations and
Logistics Office, Department of Defense
-
IMF, International
Monetary Fund
-
Independents,
the term for relatively small oil companies, commonly based in the United
States, but with some international marketing or production
-
INR, Bureau of
Intelligence and Research, Department of State
-
IPC, Iraq Petroleum
Corporation
-
ITT, International
Telephone and Telegraph
-
J, Office of the Under
Secretary of State for Political Affairs
-
JAEC, Joint Committee
on Atomic Energy
-
JCS, Joint Chiefs of
Staff
-
K,
Henry A. Kissinger
-
KOC, Kuwait Oil
Company
-
L, Office of the Legal
Adviser, Department of State; also Melvin
Laird
-
LAPCO, Lavan
Petroleum Company
-
LARG, Libyan Arab
Republic Government
-
LDC, Less Developed
Country
-
L/E, Office of Economic
Affairs, Office of the Legal Adviser, Department of State
-
Lifting, the
amount of crude oil taken by a company by virtue of its equity share in the
production operation or by virtue of a purchase from the producer. Once
lifted, the oil becomes the property of the company.
-
Limdis, limited
distribution
-
L/NEA, Office of Near
Eastern and South Asian Affairs, Office of the Legal Adviser, Department of
State
-
LNG, liquefied natural
gas
-
LNOC, Libyan National
Oil Company
-
London Policy
Group, Atlantic, American Independent, Amerada Hess,
Ashland, Arabian Oil, British Petroleum, Bunker
Hunt, CFP, Continental,
Gelsenberg, Gulf, Hispanoil, Iricon, Marathon, Murphy,
Mobil, Occidental, Participations and Explorations,
Petrofina, Phillips, Shell, Standard of California, Standard of New Jersey,
Texaco
-
LOU, Limited Official
Use
-
LPG, liquefied
petroleum gas
-
Majors, the term
used to designate those companies that dominated the international oil
industry; that is, BP, Shell, Exxon (Esso), Texaco, Mobil, Gulf, and Socal. Sometimes CFP is
included.
-
MBD, million barrels
per day
-
MCF, million cubic
feet
-
ME, Middle East
-
Memcon, memorandum
of conversation
-
MFN, Most Favored
Nation
-
Mil., million
-
MinPet, Minister of
Petroleum
-
MinState,
Minister of State
-
MIT, Massachusetts
Institute of Technology
-
MITI, Ministry of
International Trade and Industry, Japan
-
Mm b/d, million
barrels per day
-
Mobil, trade name
for Standard Oil Company of New York (Socony)
-
MOIP, Mandatory Oil
Import Program. Established in 1959, the MOIP was designed to protect the
U.S. domestic industry by limiting
foreign oil imports into the United States.
-
MSA, Most Seriously
Affected (Less Developed Countries)
-
N,
Richard M. Nixon
-
NATO, North Atlantic
Treaty Organization
-
NEA, Bureau of Near
Eastern and South Asian Affairs, Department of State
-
NEA/ARN, Office of
Lebanon, Jordan, Syrian Arab Republic Affairs, Bureau of Near Eastern and
South Asian Affairs, Department of State
-
NEA/ARP, Office of
Saudi Arabia, Kuwait, Yemen, Aden, Gulf States Affairs, Bureau of Near
Eastern and South Asian Affairs, Department of State
-
NEA/IRN, Office of
Iran Affairs, Bureau of Near Eastern and South Asian Affairs, Department of
State
-
NEA/UAR, Office of
United Arab Republic Affairs, Bureau of Near Eastern and South Asian
Affairs, Department of State
-
Neths.,
Netherlands
-
NIE, National
Intelligence Estimate
-
NIOC, National
Iranian Oil Company
-
Nodis, no
dissemination
-
Noforn, no foreign
dissemination
-
NPC, National
Petroleum Council
-
NSA, National Security
Agency
-
NSC, National Security
Council
-
NSDM, National
Security Decision Memorandum
-
NSSM, National
Security Study Memorandum
-
O/A, on or about
-
OAPEC, Organization
of Arab Petroleum Exporting Countries
-
OASD, Office of the
Assistant Secretary of Defense
-
OASIA, Office of the
Assistant Secretary of the Treasury for International Affairs
-
OBE, overtaken by
events
-
OCS, Outer Continental
Shelf
-
OC/T, Communications
Center, Department of State
-
OD, Office
Director
-
OECD, Organization
for Economic Cooperation and Development
-
OEP, Office of
Emergency Preparedness
-
OER, Office of
Economic Research, Central Intelligence Agency
-
OFP, Office of Federal
Procurement Policy (Office of Management and Budget)
-
Offtake, the
amount of crude oil to which a company or companies is entitled based on the
equity holding. A company that wants less than its entitlement is called an
underlifter; if it wants more, it is called an overlifter.
-
OMB, Office of
Management and Budget
-
OPEC, Organization of
Petroleum Exporting Countries
-
OST, Office of Science
and Technology
-
OXY, Occidental Oil
Company
-
Parents, companies
that fully owned the shares of another company, then designated as a subsidiary
-
Participation, host producing government involvement in the
production part of the oil business, through ownership in equity shares of
the concessionary oil operating companies
-
PET, petroleum
-
Petromin, General
Petroleum and Mineral Organization (Saudi Arabia)
-
PL, Public Law
-
PM/ISP, Office of
International Security Policy and Planning, Bureau of Political-Military
Affairs, Department of State
-
Posted price,
price set (in dollars) by the producing company(ies) to indicate the price
they would sell crude oil to all purchasers (often, due to vertical
integration, an affiliated company). The posted price was used as the basis
for profit calculation (revenue minus cost), and was the base price against
which taxes and royalties to host producing countries were assessed. The
companies regarded the setting of the posted price as their prerogative and
would reduce (or increase) the posted price depending on market conditions.
The host producing countries established Organization of Petroleum Exporting
Countries in order to restore cuts in the posted price. The posted price
became obsolete in the 1970s.
-
POW, prisoner of
war
-
PPC/PDA/TP, Trade
and Payments Division, Office of Policy Development and Analysis, Bureau of
Program and Policy Coordination, Agency for International Development
-
Pres.,
President
-
PriMin, Prime
Minister
-
PWRS, prepositioned
war reserve stock
-
RCC, Revolutionary
Command Council, Libya
-
R&D, research and
development
-
Ref, reference
-
reftel, reference
telegram
-
RG, Record Group
-
Rep(s),
Representative(s)
-
rpt, repeat
-
RTK,
Richard T. Kennedy
-
S, Office of the
Secretary of State; George Shultz;
Secret
-
S/PC, Policy and
Coordination Staff, Department of State
-
S/S, Executive
Secretariat, Department of State
-
SAG, Saudi Arabian
Government
-
SAMA, Saudi Arabian
Monetary Agency
-
SARG, Government of
the Syrian Arab Republic
-
SC, Security
Council
-
SCI, Office of
International Scientific and Technological Affairs, Department of
State
-
SEA, Southeast
Asia
-
SecGen, Secretary
General
-
septel, separate
telegram
-
Seven
Sisters, a term referring to the closeness and cartel
operations of British Petroleum, Shell, Exxon (Esso), Mobil, Standard Oil of California, and Texaco
-
Socal, Standard Oil
Company of California
-
Sonatrach,
Société Nationale pour la Recherche, la Production, le
Transport, la Transformation, et la Commercialisation Hyrocarbures
(Algerian Government-owned oil company)
-
Spot price, one
of the prices at which crude oil is sold, it constitutes the market price
for oil sold on the open market by either companies or governments. In 1974
less than 1 percent of Organization of Petroleum Exporting Countries
production was sold on the spot market.
-
SRG, Senior Review
Group
-
subj., subject
-
subsidiary, a
company fully owned by other oil companies
-
Tapline,
Trans-Arabian Pipeline; Trans-Arabian Pipeline Company; Trans-Alaska
Pipeline
-
TDY, temporary
duty
-
telcon(s),
telephone conversation(s)
-
Texaco, the Texas
Oil Company
-
Tohak, series
indicator for telegrams sent to Kissinger while away from Washington
-
TRV, Tax Reference
Values
-
U, Office of the Under
Secretary of State; Unclassified
-
UAE, United Arab
Emirates
-
UAR, United Arab
Republic (Egypt)
-
UK, United
Kingdom
-
UN, United
Nations
-
UnSec, Under
Secretary
-
upstream,
activities associated with the production of crude oil, i.e., exploration,
production, and transportation prior to refining
-
US, United
States
-
USA, United States of
America; United States Army
-
USAF, United States
Air Force
-
USEC, United States
Mission to the European Community
-
USG, United States
Government
-
USIA, United States
Information Agency
-
USIB, United States
Intelligence Board
-
USINT, United States
Interests Section
-
USN, United States
Navy
-
USNATO, United
States Mission to the North Atlantic Treaty Organization
-
USOECD, United
States Mission to the Organization for Economic Cooperation and
Development
-
USSR, Union of Soviet
Socialist Republics
-
VIP, very important
person
-
VP, Verification
Panel
-
WSAG, Washington
Special Actions Group
-
WEC, Washington Energy
Conference
-
Z, Zulu time (Greenwich
Mean Time)