Petroleum supply, demand, and interdependence in the Caribbean Basin
Journal Article
·
· Caribb. Basin Econ. Surv.; (United States)
OSTI ID:6066257
Petroleum now represents the lifeblood of the Caribbean economies, which see their future growth in continued exploration and production. The petroleum industries in Mexico and Venezuela are state-run, while private enterprise participates in the other producing countries. Each must develop new markets and reserves to meet the increasing domestic and foreign demand. The Basin's net petroleum importers must concentrate on expanding their own exports in order to meet the higher costs. The Caribbean Basin makes up for higher production costs with its proximity to major markets. A breakdown of the petroleum export and import price, reserve, and production data is summarized in tables. 31 references.
- OSTI ID:
- 6066257
- Journal Information:
- Caribb. Basin Econ. Surv.; (United States), Journal Name: Caribb. Basin Econ. Surv.; (United States) Vol. 4:5; ISSN CBESD
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
02 PETROLEUM
020100 -- Petroleum-- Reserves-- (-1989)
020300 -- Petroleum-- Drilling & Production
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
ATLANTIC OCEAN
CARIBBEAN SEA
ECONOMIC DEVELOPMENT
ECONOMICS
ENERGY SOURCE DEVELOPMENT
ENERGY SOURCES
EXPLORATION
EXPORTS
FOSSIL FUELS
FUELS
IMPORTS
INDUSTRY
MARKET
PETROLEUM
PETROLEUM INDUSTRY
PRODUCTION
SEAS
SUPPLY AND DEMAND
SURFACE WATERS
TRADE
020100 -- Petroleum-- Reserves-- (-1989)
020300 -- Petroleum-- Drilling & Production
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
ATLANTIC OCEAN
CARIBBEAN SEA
ECONOMIC DEVELOPMENT
ECONOMICS
ENERGY SOURCE DEVELOPMENT
ENERGY SOURCES
EXPLORATION
EXPORTS
FOSSIL FUELS
FUELS
IMPORTS
INDUSTRY
MARKET
PETROLEUM
PETROLEUM INDUSTRY
PRODUCTION
SEAS
SUPPLY AND DEMAND
SURFACE WATERS
TRADE