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OPEC capacity is not exogenous, but responds to demand. Price increases have not been caused by capacity shortages. OPEC nations find it hard to set aside even very small portions of their revenues for oil investment, despite its extreme profitability. Foreign investors face high risks....
The greatest nuclear proliferation risk today arises from the lack of adequate physical protection, control and accounting of weapon usable materials in Russia. The most effective way to improve physical security and material accounting in Russia is through a cooperative effort to construct a...
Estonia as a case study allows understanding energy efficiency improvements and how they can occur in a former Soviet economy. The structure of energy consumption by end-use sector is analyzed and a picture of energy-efficiency potentials and policies emerges from this analysis, from...
One of the crucial issues of energy markets in oil exporting developing countries is the high level of subsidies on petroleum products and the low efficiency in energy use. The purpose of this paper is to investigate the impacts of a subsidy phase out policy on the energy sector and oil revenues...
The evolution of the price of natural gas (NG) is examined in industrial and tertiary residential sectors for European Union (EU) countries. The methodological approach is that of comparative analysis. NG price is seen to be positively correlated to prices of liquid fuels. NG price in the...
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