Since the first petroleum crisis in 1973-74 oil prices have risen considerably. One reason for this has been that oil consumers have been insensitive to price changes. In the short run it has been difficult to find any viable fuel alternative .
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