ABSTRACT
As vital national interests were engaged, governments became increasingly involved in all aspects of supply. In many places, an additional cause for a government presence has been the historic and predominant role of US and British companies in the production, transportation, refining, and marketing of oil, nationally and internationally. Although Mr. Levy's major work has been in counselling companies and governments, he has sought also to inform public debate and policy through his published writings. Levy has been providing his unique knowledge on world oil affairs to the Government for a very long time. The fundamental circumstances that give oil its contemporary importance are thus both the sheer size of this daily global demand and the crucial fact that most of the industrial nations and an increasing number of developing states lack domestic reserves and are therefore dependent on imports, especially from the Middle East.
