NO. 3


Oil In The 1990s: Towards A Sustainable Scenario

The following is an extensive extract from the concluding chapter of theStockwatch Annual, the newly-released review of long-term oil trends prepared bythe Washington-based Energy Security Analysis, Inc. (ESAI). The Annual has fourparts: economics (supply and demand outlooks), industry (a review ofreintegration by oil producers and others), politics (assessments of thepolitical framework and the trend towards...