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What Does It All Mean?

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  • Edward W. Erickson

Abstract

Three hypotheses about future market balances in the world petroleum market are identified in this paper. Two are relatively benign and one is more harsh. Examination of constraints upon OPEC behavior and increasing market and policy sophistication in consuming countries suggests that some combination of the more benign hypotheses is apt to prevail.

Suggested Citation

  • Edward W. Erickson, 1994. "What Does It All Mean?," The Energy Journal, , vol. 15(1_suppl), pages 349-356, June.
    • Handle: RePEc:sae:enejou:v:15:y:1994:i:1_suppl:p:349-356
    DOI: 10.5547/ISSN0195-6574-EJ-Vol15-NoSI-19
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