HSG - 168. Memorandum From the President's Assistant for International Economic Affairs (Flanigan) and the President's Assistant for National Security Affairs (Kissinger) to President Nixon

Foreign Relations of the United States, 1969–1976
Volume XXIV, Middle East Region and Arabian Peninsula, 1969–1972; Jordan, September 1970, Document 168

• SUBJECT
• State Department Draft Letter from the President to King Faisal re Saudi
• Proposal for a Special Relationship in Oil

"Saudi Arabian Oil Minister Yamani recently proposed, in conversation with Deputy Secretary Irwin and later in a public speech,² a special relationship between Saudi Arabia and the U.S. for the future supply of Saudi Arabian oil, coupled with sharply increased Saudi investments in the U.S. to offset the balance of payments drain..."

Source: http://history.state.gov/historicaldocuments/frus1969-76v24/d168