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Prospects for a Tighter World Oil Market

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  • Edward. W. Erickson

Abstract

Once again, the world oil market has failed to behave according to expectation. This time, the predictions of sharp price drops did not materialize-nor did previous forecasts of continuing escalation. This ongoing divergence between expectations and reality is becoming standard-as is the remarkable resiliency in the position and behavior of Saudi Arabia.

Suggested Citation

  • Edward. W. Erickson, 1985. "Prospects for a Tighter World Oil Market," The Energy Journal, , vol. 6(1), pages 3-8, January.
  • Handle: RePEc:sae:enejou:v:6:y:1985:i:1:p:3-8
    DOI: 10.5547/ISSN0195-6574-EJ-Vol6-No1-1
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