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THE ECONOMICS OF OIL CRISIS: THE CAUSE OF THE WORLD OIL CRISIS OF 1973-74

2023
The present study is an attempt to analyze the cause of the world oil crisis of 1973-1974. There are three basic theoretical formulations developed that will jointly provide the core of the analysis of an alternative theory of the oil crisis. These are: (1) the theory of the oil property relation and rent in the oil industry, (2) the theory of ...
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The Oil Crisis

1989
Ambassador Wiley expected early Majlis approval of the supplementary oil agreement after its signing in July 1949, but public opinion turned against it, and during the months to January 1951 the contract did not come to a vote, for opposition seemed almost unanimous.
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