Economic scarcity
Tags: CARTELS; ORGANIZATION of Petroleum Exporting Countries; PETROLEUM industry
Related Articles
- The 1973 oil crisis and after. Issawi, Charles // Journal of Post Keynesian Economics;Winter78/79, Vol. 1 Issue 2, p3
Discusses the 1973 oil crisis that resulted from the embargo initiated by the Organization of Petroleum Exporting Countries (OPEC). Failure of previous attempts by Arab OPEC members; Erosion of the position of strength of Western governments and oil companies; Rise of OPEC from 1960 to 1973;...
- Glowing Future of Energy. Pilarski, Adam M. // Business Forum;Summer89, Vol. 14 Issue 3, p27
Presents an economic outlook on the future of energy. Internal and external pressures facing the Organization of the Petroleum Exporting Countries; Industry cartels; Future of energy supply by focusing on fusion.
- OPEC approves another cut in production. // National Petroleum News;Sep2001, Vol. 93 Issue 10, p14
Reports the approval of reducing the production of oil by Organization of the Petroleum Exporting Countries (OPEC). Impact of the slowing economy on oil demand on the objective of cartel; Plea of OPEC secretary general Ali Rodriques to independent oil-producing nations; Consequences of a...
- OIL MARKET OUTLOOK. // Africa Monitor: North Africa Monitor;Mar2004, Vol. 9 Issue 3, p1
No abstract available.
- Renewed fears of gas cartelization remain unfounded. // MarketWatch: Energy;May2007, Vol. 6 Issue 5, p22
The article reports that the Gas Exporting Countries Forum (GECF) is possible for being a gas version of the Organization of the Petroleum Exporting Countries (OPEC) in Great Britain. Such imminence is caused by plans for setting up a price formula working group. However, such assumption depicts...
- THE MYTH OF OPEC. Sodhi, Gaurav // Policy;Spring2008, Vol. 24 Issue 3, p5
The article discusses the role of the Organization of Petroleum Exporting Countries (OPEC) in the economies of countries. It examines how OPEC influences oil prices and the problems associated with the quota for production set by OPEC. It explores why OPEC has managed to survive if cartels are...
- Energy Dependence and Political Power: Some Paradoxes. Quester, George H. // Demokratizatsiya;Fall2007, Vol. 15 Issue 4, p445
A key supplier of energy holds political power over an energy user. Paradoxically, however, the opposite can also be true. Examples include the relationship since the 1970s between the Organization of Petroleum Exporting Countries (OPEC) and the West, the 1980s debate about the building of a...
- OIL MARKET OUTLOOK. // Middle East Monitor: The Gulf;Mar2004, Vol. 14 Issue 3, p1
Concern within OPEC at the failure of virtually all states to adhere to quotas agreed in November 2003, surfaced at the cartel's bimonthly ministerial meeting in February 2004. The decision � to encourage greater compliance, with the threat of a further cut from April 2004, if prices fell �...
- Testing for the cartel in OPEC: non-cooperative collusion or just non-cooperative? Almoguera, Pedro A.; Douglas, Christopher C.; Herrera, Ana Mar�a // Oxford Review of Economic Policy;Spring2011, Vol. 27 Issue 1, p144
This paper extends the framework of Green and Porter (1984) and Porter (1983a) to encompass the case of a cartel (OPEC) faced by a competitive fringe (non-OPEC oil producers). Estimation of a simultaneous equation switching regression model allows us to examine which market structure better...
