Summary

Gerald Ford President Ford–Henry Kissinger memcon (1974)

So we have leverage and the Europeans can't just move in in a crisis. We want to tie up their capital.
When the Shah sees us organizing the consumers -- he will see, if we don't do it in a way appearing threatening to him.
I perhaps should visit him in October, in connection with the Soviet trip, and talk about bilateral arrangements.
President: Does he want higher prices?
Kissinger: Yes. He has limited supplies. He knows the profit is higher on petrochemicals and that the Saudis get more from the companies in everything.
Source: Wikisource

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