Much water has flowed under the bridge since Henry Kissinger made his much-publicized "Year of Europe" speech in April 1973. It was, one will remember, rapidly construed by some member countries of the European Economic Community as a device to restore American leadership in an Alliance weakened by years of tussle between the EEC and the United States. The two sides had been at variance over money, trade and defense, to mention only the major issues. And the then-Special Assistant to the President already perceived the emerging issue of energy as one of the most ominous problems that faced the industrialized countries. Unfortunately, although he referred to this issue in the April 1973 speech, the United States itself was hardly moving toward a national energy policy, while in Europe the EEC preferred to ignore the problem almost completely, as was evidenced by the abortive meeting of the Energy Ministers of the Community in May of 1973.
