Why OPEC doesn't matter anymore

Cook, William J.
December 1993
U.S. News & World Report;12/13/93, Vol. 115 Issue 23, p73
Focuses on the lost power of the Organization of Petroleum Exporting Countries (OPEC). How market, not the cartel, is driving oil prices; Comments by Philip Verleger, author of the book `Adjusting to Volatile Energy Prices'; Influence of Iraq on oil buyers; Predictions of oil prices.


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