Copyright 2000 Addison-Wesley Longman PART 3 THE QUESTION OF GLOBAL RESOURCE LIMITATIONS.

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Copyright 2000 Addison-Wesley Longman PART 3 THE QUESTION OF GLOBAL RESOURCE LIMITATIONS

Copyright 2000 Addison-Wesley Longman CHAPTER 9 WORLD OIL: A STRATEGIC LIMITED RESOURCE?

Copyright 2000 Addison-Wesley Longman FIGURE 9.1 Crude Oil Prices , Deflated Prices, 1998 dollars

Copyright 2000 Addison-Wesley Longman FIGURE 9.2 Retail Gas Prices, Including Tax, , 1995 dollars

Copyright 2000 Addison-Wesley Longman

FIGURE 9.3 World Oil Market if Demand Shifts and Costs Increase

Copyright 2000 Addison-Wesley Longman FIGURE 9.4 World Petroleum Market Projections: Growing Population, Income, Cost, Competitive Market

Copyright 2000 Addison-Wesley Longman FIGURE 9.5 World Oil Use, Competitive and Monopolistic Markets

Copyright 2000 Addison-Wesley Longman

FIGURE 9.6 Expectations and Market Equilibria

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