Our purpose in writing this paper is to relax two assumptions which dominate the theory of exhaustible resources and examine the implications for the stability of equilibrium. The first assumption postulates that a complete set of forward markets exists. The second postulates that asset and spot commodity markets clear instantaneously.
The great Dutch gas transition https://t.co/yg0BDUN1XY
OIES paper quoted on China’s LNG imports and energy security: Energy security may be a bigger worry for China's LNG… https://t.co/ukg2B2uMbC
New OIES paper on China-US trade war and the short and long-run implications on energy flows and energy policy: LPG… https://t.co/WoE4A26tbx
US-China: The Great Decoupling https://t.co/7qoQivxfTW