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Genie Out of the Bottle: World Oil since 1970

hardcoverOctober 23, 1995
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ISBN-13: 9780262011518 ISBN-10: 0262011514
Publisher
MIT Press
Binding
hardcover
Published
October 23, 1995
Weight
1.6 lbs
Dimensions
24.10×2.50×16.50 cm

About this book

Genie Out of the Bottle: World Oil since 1970 by Adelman, Morris Albert. hardcover edition. ISBN: 9780262011518.

Adelman (economics, MIT) chronicles the oil-producing companies monopoly on oil trade and prices since 1970, showing how OPEC nations at first overestimated their power, then held a lower price level. He introduces the basics of oil economics, explains why nearly all OPEC nations are still in debt, and debunks myths surrounding the supply and production of oil. Annotation c. by Book News, Inc., Portland, Or.