World supplies of petroleum in the 1980s

Fereidun Fesharaki

Energy, 1981, vol. 6, issue 8, 661-675

Abstract: During the 1970s the non-communist world has weathered, without profound economic disturbance, the oil crisis which developed following the formation of OPEC. This was to a large extent due to the fact that, although the market price of crude had sharply increased, its cost in real terms had remained stable.

Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:6:y:1981:i:8:p:661-675

DOI: 10.1016/0360-5442(81)90109-2

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