z Facts.com
 KNOW THE FACTS.  GET THE SOURCE.
About Printable
 
 
  Home
Energy Policy
Energy Book
Chapters / Notes
Old Chapters
Appendix
1 Once upon a Time
2 Wreck Economy?
3 Peak Oil?
4 Global Warming?
5 Free, Cheaper?
6 No Free Lunch?
7 Energy Plan
8 Learn from OPEC ♦
Full chapter
Sources
9 World Oil Market
10 Corn vs Climate
11 Synfuels Again?
12 China + Coal
13 Charge OPEC
14 Tax = Market?
15 Cap Politics
16 A Carbon Untax
17 Untax Works
18 Untax is Fair
19 An Oil Untax
20 Fuel Economy
21 Future Tech
22 Throw Money ?
23 Kyoto Broken
24 Global C Price
25 World Cap?
26 Enforcement
 
  Don’t Miss:
 
 National Debt Graph

US National Government Debt

A Social Security Crisis?

Iraq War Reasons

Hurricanes & Global Warming

Crude Oil Price

Gas Prices

Corn Ethanol
 
   
 
     <= Previous chapter             Carbonomics               Next chapter =>
 
 
Carbonomics:                                                 (Samples of all Chps)
How to Fix the Climate and Charge it to OPEC    (synopsis )
 
 
 
 
 
Chapter 8. Learning from OPEC
 
Full chapter
Carbonomics PDF
Sources

 
 

After a decade's bonanza, the Saudis found their cartel losing its power; its soaring prices had shrunk demand.

óWilliam Safire, January 1986

OPEC tripled the price of oil in 1974, then doubled that in 1979. By 1981, a worldwide reaction forced Saudi Arabia, OPECís leading supplier, to cut production in order to keep the price from falling below OPECís target level. By the end of 1985, Saudi Arabia had been forced to cut production 75 percent and could afford no more cuts. It abandoned the cartel rules, letting the price collapse. This ended a twelve-year price shock that is by far the largest experiment in energy policy ever conducted. The experiment did much harm and, quite by accident, much good as well. ...

 
 
Full chapter      Carbonomics PDF

 
  Next: Chapter 9. The World Oil Market
.          Preview       Full chapter
 
 
 
 
 
 
poppy-s
poppy-s
poppy-s
poppy-s
poppy-s
 
 


http://zfacts.com/p/839.html | 01/18/12 07:20 GMT
Modified: Thu, 19 Jun 2008 17:12:13 GMT