125.
A survey of U.S. and European responses to the energy crises engendered by the Arab boycott of October 1973–April 1974 is presented. U.S. Government policy actions with respect to allocation, rationing, price, and conservation measures are reviewed and contrasted with those of affected European governments. The results of those policies and their effects on transportation energy supply and demand behavior with respect to both commodity and passenger movement are described.Based on short- and long-term impact assessments of the policies considered, the authors identify significant research requirements.The authors were heavily engaged in U.S. responses to the energy emergency, and were asked to undertake study missions to those European nations significantly affected by the crisis to seek out avenues for mutual aid, and joint research, in resolving common energy problems. This paper is one product of those study missions.
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