MAUGERI Leonardo

Two cheers for expensive oil / Leonardo Maugeri - 2006

Oli prices are currently high not because of lack of reserves but a lack of refining capacity. Argues that oil prices need to stay high in order to encourage the investment necessary to increase refining capacity, as well as support energy conservation, and supoport investment in what were formerly marginal hydrocarbon sources.


ENERGY
OIL
PRIMARY RESOURCES