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Title: The Great Oil Depression

Essay Details

Subject: Technology
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Date: March 11, 2000
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Length: 4 / 1079
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Essay text:

It seems the reasons very depending on who’s giving them. An article in the Washington Post stated: “Executives from the giant oil companies say it's partly the fault of "speculators" or financial players. Key financial players say it's really a question of limited supply and expanding global demand...

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Key financial players say it's really a question of limited supply and expanding global demand. Some members of Congress accuse the Organization of the Petroleum Exporting Countries for bottling up some of its production capacity. And OPEC blames speculators, wasteful U...

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