Add to ORKGAs a result of the 1973 oil embargo and the subsequent increase of world oil prices, the oil price control program took place in order to reduce the impact of sharply higher external oil prices. In this regard, since the domestic price for oil was below that of the world market, the price control effort seemed to be regarded as successful. Did the oil price control achieve its goal? Maybe not. This study shows that the price control for the domestically produced crude oil was ineffective and enhanced the ability of external suppliers to manipulate prices.Oil Price Price Control
Over the past five years the U.S. domestic crude benchmark, WTI, diverged considerably from its fore...
In the early days of industrialization in the United States, giant combines with great market power ...
The present paper offers a short history of the Organization of Petroleum Exporting Countries (OPEC)...
In 1973-1974, the U.S. faced the so-called “Energy Crisis” due to the Arab oil embargo and a quadrup...
In 1973-1974, the U.S. faced the so-called “Energy Crisis” due to the Arab oil embargo and a quadrup...
In 1973-1974, the U.S. faced the so-called “Energy Crisis” due to the Arab oil embargo and a quadrup...
Two oil price shocks changed the pattern of cheap oil. The first was the Arab embargo on oil exports...
Two oil price shocks changed the pattern of cheap oil. The first was the Arab embargo on oil exports...
The main thrust of this report is the development of a price record that would provide a basis for t...
Two oil price shocks changed the pattern of cheap oil. The first was the Arab embargo on oil exports...
Two oil price shocks changed the pattern of cheap oil. The first was the Arab embargo on oil exports...
WP 2005-27 December 2005Previous work on crude oil price modeling has generally focused on two theor...
An examination of major forces in the petroleum market with primary emphasis on the decade of the 19...
The oil price decline has been the subject of major captions in the last months and has been outline...
Over the past five years the U.S. domestic crude benchmark, WTI, diverged considerably from its fore...
Over the past five years the U.S. domestic crude benchmark, WTI, diverged considerably from its fore...
In the early days of industrialization in the United States, giant combines with great market power ...
The present paper offers a short history of the Organization of Petroleum Exporting Countries (OPEC)...
In 1973-1974, the U.S. faced the so-called “Energy Crisis” due to the Arab oil embargo and a quadrup...
In 1973-1974, the U.S. faced the so-called “Energy Crisis” due to the Arab oil embargo and a quadrup...
In 1973-1974, the U.S. faced the so-called “Energy Crisis” due to the Arab oil embargo and a quadrup...
Two oil price shocks changed the pattern of cheap oil. The first was the Arab embargo on oil exports...
Two oil price shocks changed the pattern of cheap oil. The first was the Arab embargo on oil exports...
The main thrust of this report is the development of a price record that would provide a basis for t...
Two oil price shocks changed the pattern of cheap oil. The first was the Arab embargo on oil exports...
Two oil price shocks changed the pattern of cheap oil. The first was the Arab embargo on oil exports...
WP 2005-27 December 2005Previous work on crude oil price modeling has generally focused on two theor...
An examination of major forces in the petroleum market with primary emphasis on the decade of the 19...
The oil price decline has been the subject of major captions in the last months and has been outline...
Over the past five years the U.S. domestic crude benchmark, WTI, diverged considerably from its fore...
Over the past five years the U.S. domestic crude benchmark, WTI, diverged considerably from its fore...
In the early days of industrialization in the United States, giant combines with great market power ...
The present paper offers a short history of the Organization of Petroleum Exporting Countries (OPEC)...