The OPEC price escalations of 1973-74 and 1979-80 have had a crucial effect on the world economy and on international trade. Non-OPEC countries have had t o adjust to higher petroleum prices. They have tried to develop alternative energy resources and have invested in various energy conservation measures.
New OIES paper on China’s gas reform: By 2030 the government plans for gas to represent 15% of total primary energy… https://t.co/lHing4ydFR
China’s Long March to Gas Price Freedom: Price Reform in the People’s Republic https://t.co/WhcqlipJYI
New OIES paper on DME Oman: Settlement based on relatively large volume of trades but volumes fall rapidly as last… https://t.co/e6az1QtNJn