VOL. XXXVII
NO. 15
10-JANUARY-1994
Supply/Demand
Tahmassebi Attacks Complacency On Long-Term Oil Supply Outlook
In a paper presented late last year to a gathering of energy experts at theIEA, Dr. Cyrus Tahmassebi, Chief Economist at Ashland Oil Company, argues thatthe recent slide in oil prices, coupled with a pervasive perception that theworld is endowed with an almost inexhaustible reserve of easily-accessibleenergy resources, has lulled policymakers in major consuming centers into asense of...
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