VOL. XXXNO. 617-NOVEMBER-1986

THE EMPTY CHAIR AT OPEC'S TABLE

by Joe Roeber

(In the following article petroleum consultant Joe Roeber of Joe RoeberAssociates argues that the cooperation of the oil companies will be an essentialfeature in any successful OPEC effort to stabilize the world oil market.)

There is no lack of good advice being offered to OPEC to help in its questfor higher prices. There is no lack, either, of clear objectives. All that islacking is the means to achieve them....