Middle East Economic Survey
VOL. LIV
No 12
21-Mar-2011
OIL PRICES
Are Oil Prices Inviting Price Controls?
By William R Edwards
The following article was written for MEES by Mr Edwards, who is President of Edwards Energy Consultants, Katy, Texas (wre@texven.com).
The current oil price disruption is not a supply problem. It is a psychological problem. All competent assessments agree that sufficient spare producing capacity exists to cover any loss of production from producers affected by...
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