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Copyright 2000 Addison-Wesley Longman
PART 3
THE QUESTION OF GLOBAL RESOURCE
LIMITATIONS
Copyright 2000 Addison-Wesley Longman
CHAPTER 9
WORLD OIL: A STRATEGIC LIMITED RESOURCE?
Copyright 2000 Addison-Wesley Longman
FIGURE 9.1 Crude Oil Prices 1950-1998, Deflated Prices, 1998 dollars
Copyright 2000 Addison-Wesley Longman
FIGURE 9.2 Retail Gas Prices, Including Tax, 1920-1998, 1995 dollars
Copyright 2000 Addison-Wesley Longman
Copyright 2000 Addison-Wesley Longman
Copyright 2000 Addison-Wesley Longman
Copyright 2000 Addison-Wesley Longman
FIGURE 9.3 World Oil Market if Demand Shifts and Costs Increase
Copyright 2000 Addison-Wesley Longman
FIGURE 9.4 World Petroleum Market Projections: Growing Population, Income, Cost, Competitive Market
Copyright 2000 Addison-Wesley Longman
FIGURE 9.5 World Oil Use, Competitive and Monopolistic Markets
Copyright 2000 Addison-Wesley Longman
Copyright 2000 Addison-Wesley Longman
FIGURE 9.6 Expectations and Market Equilibria
