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Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed … 50% by 2000. World oil markets are likely to be as vulnerable to monopoly influence as they were 20 years ago, as OPEC … regains lost market share. The US economy appears to be as exposed as it was in the early 1970s to losses from monopoly oil …
Persistent link: https://www.econbiz.de/10009436141
petroleum, natural gas, and electricity, projected trends in the real prices for these fuels were examined. The spread in the … above those for the other two fuels. The significance of this work rests on the fact that, in market economies, prices … provide the fundamental signals needed for efficient resource allocation. Although market prices often fail to fully account …
Persistent link: https://www.econbiz.de/10009435445
world. The model-generated results cover both crude and product prices as well as petroleum trade flows. The quantitative … on use of a single region model and therefore did not take into account petroleum interactions among all areas of the … world. Because of this limitation, quantitative results were limited to Alaskan crude oil prices. All other price and trade …
Persistent link: https://www.econbiz.de/10009435744
speculation concerning future Iranian oil production and total Organization of Petroleum Exporting Countries (OPEC) oil production … encompassing. In particular, the analysis does not provide data on crude oil prices in the spot market, but does provide …An analysis of the impact of the political disruption in Iran on the world oil market is presented. During the first …
Persistent link: https://www.econbiz.de/10009435871
that market would also affect the price of Alaskan crude oil as well as crude oil and product prices on the West Coast and … potential impacts on crude oil prices that would result from lifting the export ban Alaskan crude oil. The report focuses on the … Japanese market and the US West Coast market. Japan is the principal potential export market for Alaskan crude oil. Exports to …
Persistent link: https://www.econbiz.de/10009436598
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 …
Persistent link: https://www.econbiz.de/10009435860
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 …
Persistent link: https://www.econbiz.de/10009436255
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 …
Persistent link: https://www.econbiz.de/10009436256
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 …
Persistent link: https://www.econbiz.de/10009436690
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 …
Persistent link: https://www.econbiz.de/10009436989