1887

Abstract

Escalation of per-barrel crude prices is expected to continue on an inflation adjusted basis in the foreseeable future according<br>to most analysts. Rising prices are largely attributed to market forces fueled by surging world economy and growing<br>demand, particularly in Asia and Middle East. Relatively flat rates of exploration and exploitation success have been unable<br>to keep pace with that growth, leading to tight supplies. Politics, weather, speculation and other factors further contribute to<br>supply uncertainty.

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/content/papers/10.3997/2214-4609-pdb.148.iptc11850
2008-12-03
2020-09-21
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http://instance.metastore.ingenta.com/content/papers/10.3997/2214-4609-pdb.148.iptc11850
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