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INTERNATIONAL OIL REVISITED: COULD THE EXPERTS BE WRONG?

Arnold F. Safer

Natural Resources Forum, 1978, vol. 2, issue 4, 327-335

Abstract: Present supply‐demand trends suggest continued easing of international oil markets through 1982 and beyond. As a result, oil prices are not likely to rise as rapidly as would inflation rates, offering additional time for the consuming world to adjust to the higher prices already in effect. This should help to alleviate inflationary and balance of payments pressures.

Date: 1978
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https://doi.org/10.1111/j.1477-8947.1978.tb00220.x

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