The Clumsy Cartel: OPEC's Uncertain Future. / M.A. Adelman.
by Adelman, M. A; SIRS Publishing, Inc.
Material type:
BookSeries: SIRS Enduring Issues 2002Article 64Environment. Publisher: Harvard International Review, 2001ISSN: 1522-3205;.Subject(s): Organization of Petroleum Exporting Countries | Petroleum industry and trade | Petroleum -- International aspects | Petroleum products -- PricesDDC classification: 050 Summary: "Since 1970 the world price of crude fuel has been both high and unstable. The price-setter, the Organization of Petroleum Exporting Countries (OPEC), whose members include the United Arab Emigrates, Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, and Venezuela, has since 1980 followed a bumpy downward path that is unlikely to reverse itself in the foreseeable future." (HARVARD INTERNATIONAL REVIEW) The author attributes the oil shortages of the past three decades to the poor production strategy of the OPEC nations and cautions that the OPEC regime may not last much longer.
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High School - old - to delete | REF SIRS (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2002.
Originally Published: The Clumsy Cartel: OPEC's Uncertain Future, Spring 2001; pp. 20-23.
"Since 1970 the world price of crude fuel has been both high and unstable. The price-setter, the Organization of Petroleum Exporting Countries (OPEC), whose members include the United Arab Emigrates, Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, and Venezuela, has since 1980 followed a bumpy downward path that is unlikely to reverse itself in the foreseeable future." (HARVARD INTERNATIONAL REVIEW) The author attributes the oil shortages of the past three decades to the poor production strategy of the OPEC nations and cautions that the OPEC regime may not last much longer.
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