VOL. XXXIII

NO. 22

5-MARCH-1990

Consumer Bottlenecks Likely To Pose Bigger Problems For Oil Than CrudeAvailability

The following article was written for MEES by a leading Gulf oilman whowishes to remain anonymous. The author argues that the expansion of crudeproduction capacity to meet future demand growth is the least of the problemsfacing the oil industry today - the required capacity expansion is well withinthe capability of the reserve-rich Gulf producers. He points out that muchbigger...