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Moscow's New Lever on the West |
| Section: CURRENT ISSUES / COMMENTARY |
| Author: Milton R. Copulos |
| Publication: The world & I online |
| Issue Date: 12/1/1989 |
| Size: 3,290 Words, 20,420 Characters |
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Most Americans can still recall the painful price U.S. dependence on foreign oil extracted in the 1970s. Few, however, are aware of a far more perilous resource dependence that has evolved in recent years.
Since the middle 1980s, the United States and its NATO allies have come to depend increasingly on the Soviet Union to meet their needs for energy and for a number of strategically critical minerals. If permitted to grow unchecked, this dependence would, at best, leave the West's economic health hostage to the whims of Soviet planners. At worst, it could open the door to disruptions of essential energy and mineral commodities in time of conflict. Attempts to raise the issue, however, have fallen by the wayside in the euphoria accompanying the advent of the "kinder, gentler" Soviet U...
. . .
...nergy production. While this might require some tax expenditures through tax credits and the like, they are a far smaller price to pay than are the potential economic consequences of an interruption of energy supplies at a critical moment.
Most of all, we must begin to recognize how dangerous the growing reliance of the West on the East bloc for energy and mineral resources really is. vbcrlf
(806 of 20,420 characters)
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