Two cheers for expensive oil / Leonardo Maugeri

By: Material type: TextTextPublication details: 2006Subject(s): In: Foreign Affairs Vol 85 No 2, March-April 2006, pp.149-161Summary: 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.
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Journal Article Mindef Library & Info Centre Journals XX(19823.1) (Browse shelf(Opens below)) 1 Not for loan 19823-1001

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

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