VOL. XLII
No. 29
19-July-1999
OPEC
The Missing Barrels
by Paul Horsnell
The following article by Dr. Paul Horsnell, AssistantDirector of the Oxford Institute for Energy Studies (OIES), is reproduced fromthe OIES July monthly web page comment.
Before launching into what might appear to some to be arather arcane statistical dispute, it is as well to begin by saying why thismatters, indeed why it matters a lot. The problem is that if the missingbarrels really exist, then they are part of the overhang...
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