Middle East Economic Survey
VOL. XLVIII
No 17
25-April-2005
Low Inventories Or Stable Prices? You Cant Have Both
By William R Edwards
The following paper was first published in The Energy Journal, the quarterly publication of the International Association for Energy Economists (IAEE) and is republished with permission. William R Edwards is President of Edwards Energy Consultants, Katy,Texas (wre@texven.com).
OPEC has recently stated its intention to use US inventory levels as a guide in making its...
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