INTERNATIONAL ENERGY SUPPLY. THE POLITICAL ECONOMY OF WORLD PETROLEUM

World oil is a mixture of economics and politics. Economic factors indicate competition among producers will again become effective provided the consuming nations do not capitulate in advance. Saudi Arabia is the dominant producer. Efforts on the supply side to develop additional reserves will only shift the exhaustion curve toward the present. Exponential growth in consumption has serious long run implications.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/00028282
• Supplemental Notes:
  • Presented at the 86th Annual Meeting of the American Economic Association, New York, N.Y., December 28-30, 1973.
• Corporate Authors:

  American Economic Association

  Suite 809, Oxford House, 1313 21st Avenue South
  Nashville, TN  United States  37212
• Authors:
  • McKie, J W
• Publication Date: 1974-5

Media Info

• Features: References;
• Pagination: p. 51-57
• Serial:
  • American Economic Review
  • Volume: 64
  • Issue Number: 2
  • Publisher: American Economic Association
  • ISSN: 0002-8282

Subject/Index Terms

• TRT Terms: Economics; Energy resources
• Uncontrolled Terms: Energy crisis
• Subject Areas: Economics; Energy; Railroads;

Filing Info

• Accession Number: 00054732
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 24 1974 12:00AM