Mideast Governments and the Oil Price Prospect*

M. A. Adelman

The Energy Journal, 1989, vol. 10, issue 2, 15-24

Abstract: The Mideast oil-producing nations are the heirs of the multi-national oil companies whom they gradually expropriated, starting around 1950. They have inherited the companies' problem: repressing investment and production.

Keywords: Oil prices; OPEC; Cartel; Oil demand (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:10:y:1989:i:2:p:15-24

DOI: 10.5547/ISSN0195-6574-EJ-Vol10-No2-3

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