The partial monopolization of the world oil market by the OPEC cartel has produced significant economic costs to the … to a hypothetical ''more competitive'' world oil market scenario. By measuring past costs we avoid the enormous … uncertainties about the future course of the world oil market and leave to the reader's judgment the issue of how much the future …

influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used … forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about … many important longer-run market relationships and helped to identify differences of opinion about future oil supplies …

influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used … forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about … many important longer-run market relationships and helped to identify differences of opinion about future oil supplies …

long run and given the ability of the OPEC cartel to use market power to influence oil prices. Although oil prices have … according to the best available estimates. OPEC`s share of the world oil market is likely to grow significantly in the future …,restoring much if not all of their former market power. Other than market share, the key determinants of OPEC`s market power are the …

influence the world`s dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used … forecast or just a single view of the likely future path for oil prices. The model results guided the group`s thinking about … many important longer-run market relationships and helped to identify differences of opinion about future oil supplies …

Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed … regains lost market share. The U.S. economy appears to be as exposed as it was in the early 1970s to losses from monopoly oil ….S. economy an approximately equal amount. The Strategic Petroleum Reserve appears to be of little benefit against such a …

The International Petroleum Statistics Report is a monthly publication that provides current international oil data … public. The International Petroleum Statistics Report presents data on international oil production, demand, imports, and …

During fiscal year 1996, the Department of Energy continued to operate Naval Petroleum Reserve No. 1 in California and … Naval Petroleum Reserve No. 3 in Wyoming through its contractors. In addition, natural gas operations were conducted at … Naval Petroleum Reserve No. 3. All productive acreage owned by the Government at Naval Petroleum Reserve No. 2 in California …