Abstract
Although some economists still enjoy insisting that oil is inexhaustible, geological authorities are increasingly expressing the belief that this resource is painfully finite in an economic sense, because in some parts of the world it might become too costly to produce in the amounts supplied earlier.
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© 2000 Springer Science+Business Media New York
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Banks, F.E. (2000). The World Oil Market. In: Energy Economics: A Modern Introduction. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4551-4_3
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DOI: https://doi.org/10.1007/978-1-4615-4551-4_3
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-7054-3
Online ISBN: 978-1-4615-4551-4
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