Don't count OPEC out
Journal Article
·
· Nation's Bus.; (United States)
OSTI ID:6166851
Prediction of OPEC's demise may be premature since the US and the industrial world continue their reliance on Middle East oil. US dependence on imported oil could increase with economic recovery and present OPEC with new opportunities to manipulate prices enough to discourage non-OPEC production and conservation. Analysts predict that a new and stronger OPEC may emerge unless the people are unwilling to delay their own development just to keep the West hooked on cheap oil. 1 figure, 1 table. (DCK)
- OSTI ID:
- 6166851
- Journal Information:
- Nation's Bus.; (United States), Journal Name: Nation's Bus.; (United States) Vol. 71:5; ISSN NBUSA
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
02 PETROLEUM
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
CARTELS
ECONOMIC IMPACT
ECONOMIC POLICY
ENERGY SOURCES
FOSSIL FUELS
FUELS
GLOBAL ASPECTS
GOVERNMENT POLICIES
INTERNATIONAL ORGANIZATIONS
MARKET
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM
PRICES
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
CARTELS
ECONOMIC IMPACT
ECONOMIC POLICY
ENERGY SOURCES
FOSSIL FUELS
FUELS
GLOBAL ASPECTS
GOVERNMENT POLICIES
INTERNATIONAL ORGANIZATIONS
MARKET
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM
PRICES