NO. 2



Oil Supply Crunch Foreseen Unless Prices Rise

The early 1990's may prove to be as exciting and as volatile as the early1980's, if world oil prices are not now allowed to increase in a planned mannerby the key Middle East oil producers. This conclusion is based on a new reportreleased by Powers Petroleum Consultants, Inc., a Houston-based firm. The reportargues that unless OPEC increases prices above inflation to dampen world demandfor OPEC oil, then...