Mideast Governments and the Oil Price Prospect*

M. A. Adelman

17 citations0/0 files storedThe Energy Journal

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Natural Resources and Economic Development Global Energy Security and Policy Global Energy and Sustainability Research

Abstract

The Mideast oil-producing nations are the heirs of the multi-national oil companies whom they gradually expropriated, starting around 1950. They have inherited the companies' problem: repressing investment and production.

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