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Oil and the Marshall Plan

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  • Painter, David S.

Abstract

One of the most difficult problems United States policymakers faced during the Marshall Plan years was balancing the national interest in European recovery with the private interests of U.S. companies with European markets. In this article, Dr. Painter describes how policymakers grappled with the often conflicting interests of the U.S. oil industry and war-ravaged Western Europe. In so doing, he provides a case study of the complex relationship of public policy and private power.

Suggested Citation

  • Painter, David S., 1984. "Oil and the Marshall Plan," Business History Review, Cambridge University Press, vol. 58(3), pages 359-383, October.
    • Handle: RePEc:cup:buhirw:v:58:y:1984:i:03:p:359-383_05
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    Cited by:

    1. Barry Eichengreen & Livia Chiu & Arnaud Mehl, 2016. "Network effects, homogeneous goods and international currency choice: New evidence on oil markets from an older era," Canadian Journal of Economics, Canadian Economics Association, vol. 49(1), pages 173-206, February.
    2. Aad Correljé & Lucia van Geuns, 2011. "The Oil Industry: A Dynamic Patchwork of Approaches?," Chapters, in: Matthias Finger & Rolf W. Künneke (ed.), International Handbook of Network Industries, chapter 12, Edward Elgar Publishing.

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