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What Is Driving the High Oil Prices?
Publication Date: June 2008
Publisher(s): Heritage Foundation (Washington, D.C.)
Author(s): Owen Graham; Ariel Cohen
Series: WebMemo
Topic: Energy (Petroleum industry)
Keywords: national oil companies; energy producers; national energy policy; Energy and environment
Type: Brief
Abstract:
As oil and gasoline prices surpass $134 per barrel and $4 per gallon, respectively, it is clear that significant change is underway in global energy markets, portending major challenges for the global economy and energy security.