Middle East Economic Survey

VOL. XLVIII

No 38

19-September-2005

Is The Fifth Oil Crisis A Chronic World Condition?

By Antonio M Szabó

The following is the text of an article written for MEES by Antonio Szabó, President, Stone Bond Corporation, Houston.

On 23 October 2000,MEES published an article I had written entitled The Fifth Oil Crisis. It contained my thoughts about the oil supply/demand and price environment of that timeframe. I also took the opportunity to make some longer-term considerations...