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The author discusses the short-term and long-term aspects of the present energy crisis. He describes the various scenarios for the immediate future and the long run that could be given place by the emerging hold of OPEC over the oil consuming countries.
Persistent link: https://www.econbiz.de/10011588682
Shortages of fuels and raw materials had been pre dicted for the world not before the turn of the century, and even … the currency system of the world is in peril, industrialised nations have only a narrow field for remedial action. In the …
Persistent link: https://www.econbiz.de/10011588329
The OPEC price conference in Geneva on May 25-26, 1981 did not resolve the disagreement among OPEC member countries over official prices. As a result of this stalemate, Saudi Arabia with its intention to moderate prices will in the foreseeable future probably not be prepared to make substantial...
Persistent link: https://www.econbiz.de/10011553506
The World Energy Conference will be held in Munich in mid-September. It will have to deal with diverse and complex …-with 46% of the world supply still by far the most important source of energy-has been reorganized and two oil crises have … keep abreast of the world-wide rise of energy consumption. To replace the oil gradually will therefore be the major task in …
Persistent link: https://www.econbiz.de/10011554050
Substantial successes have been achieved since 1973 in increasing energy efficiency and substituting other fuels for oil. However, reliance on oil and oil imports remains high. The temporary easing on the oil market must not lead to complacency as any relaxation in energy policy efforts may well...
Persistent link: https://www.econbiz.de/10011554717
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The economic implications of the latest upsurge of the oil prices for the whole world-and for the developing countries …
Persistent link: https://www.econbiz.de/10011554053
In the spring of 1978 the International Energy Agency (IEA) staged the second “Allocation System Test”, a simulation exercise designed to check the ability of 19 OECD countries to cope jointly with another oil crisis. The topicality of such a contingency test is demonstrated by the...
Persistent link: https://www.econbiz.de/10011554297
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The gas-pipeline deal planned between the Soviet Union and several Western European countries has met with objections from the US government, which fears that Western Europe could be politically blackmailed as a result of its increasing dependence on energy supplies from the USSR. Are these...
Persistent link: https://www.econbiz.de/10011553536