Is there oil after OPEC : Ecuador's Pasaje

Journal Article · Sun Dec 13 23:00:00 EST 1992 · Energy Detente; (United States)

OSTI ID:5086080

Since 1973 when Ecuador joined the Organization of Petroleum Exporting Countries, crude oil production increased by nearly half and domestic petroleum consumption has more than tripled. Oil's percent of Gross Domestic Product was just 3% in 1972, peaked at 17.3% in 1974, and has since declined to 11.71% in 1991. In 1992 the national perspective changed and found that OPEC membership was working against, not in favor of, economic growth. This issue addresses Ecuador's status change and its plans for its petroleum and economic future.

• OSTI ID: 5086080
• Journal Information: Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 13:23; ISSN EDETDB
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
CAPACITY
DEVELOPING COUNTRIES
ECONOMIC DEVELOPMENT
ECUADOR
ENERGY CONSUMPTION
EXPORTS
FUEL CONSUMPTION
FUELS
GASOLINE
INDUSTRIAL PLANTS
INDUSTRY
LATIN AMERICA
LIQUID FUELS
PETROLEUM INDUSTRY
PETROLEUM PRODUCTS
PETROLEUM REFINERIES
PRICES
RESERVES
RESOURCES
RETAIL PRICES
SOUTH AMERICA
TRADE