Oil Security: Retrospect and Prospect

by Edward R. Fried and Philip H. Trezise

"

Oil stands alone among primary commodities in its potential for sending economic shock waves across the world. The value of oil production is one and a half times the world's total production of food grains; demand is unresponsive to price in the short run; and the world's oil resources are heavily concentrated in the Middle East, where political disturbances have been chronic and oil supply is subject to sudden interruption. Together, these factors...

• Format: Paperback
• Language: English
• ISBN: 0815729790
• ISBN13: 9780815729792
• Release Date: August 1993
• Publisher: Globe Pequot Publishing Group Inc/Bloomsbury
• Length: 102 Pages
• Weight: 0.34 lbs.
• Dimensions: 0.3" x 6.1" x 9.0"