VOL. XXXVII
NO. 31
2-MAY-1994
Basic Questions About Oil
by Edward N. Krapels
The following article is based on a speech delivered by Mr. Edward Krapels atthe CGES in London on 12 April. Mr. Krapels is President of the Washington-basedconsulting firm Energy Security Analysis Inc. (ESAI).
Will oil prices ever recover to $25/B? Can OPEC regain its lost influence?Are refinery investments ever going to become truly profitable? These are theessential questions in our industry, and they challenge us to...
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