VOL. XXXIII

NO. 47

27-AUGUST-1990

World Faces Serious Oil Crisis, Says OIES

With admirable speed, the Oxford Institute for Energy Studies (Director,Robert Mabro) has put out a valuable 50-page report on the implications of theGulf crisis for the oil market under the title "The First Oil War".*The report includes chapters on: the politics and economics of the oil crisis;the oil supply/demand balance; demand and prices for petroleum products; thepotential for fuel switching in the short term;...