Authors: A. Seymour,

The Oil Price & Non-OPEC Supplies

Contents

1.                        Introduction

2.                        The Method
2.1                          Some Fundamental Aspects of Upstream Investment
2.2                          The Methodology

3.                        The North Sea
3.1                          Introduction
3.2                          The United Kingdom
3.3                          Norway
3.4                          Conclusion

4.                        Egypt and Mexico
4.1                          Introduction
4.2                          Egypt
4.3                          Mexico
4.4                          Conclusion

5.                        Lesser Non-OPEC Producers
5.1                          Introduction
5.2                          Angola, Cameroon and the Congo
5.3                          Brazil, Columbia and Peru
5.4                          Australia, India and the Federation of Malaysia
5.5                          Oman
5.6                          Conclusions

6.                        North America, USSR and China
6.1                          Introduction
6.2                          The USA
6.3                          Canada
6.4                          The USSR
6.5                          China
6.6                          Conclusions

7.                        Conclusion
7.1                          The Quantitative Results
7.2                          The Supply Effects of the Oil Price Shocks: A  New Interpretation
7.3                          The Future
7.4                          The Significance of this Study