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- Title
Progress in Science: Current Commentary: The price of oil.
- Authors
Rhodes, Christopher J.
- Abstract
The article focuses on the world petroleum production and its rising prices due to political tensions in the Middle East. It also discusses the prediction made by Dr M. King Hubbert, a petroleum geologist with Shell Development Company in 1956 according to which the U.S. production would peak in either 1965 or 1970. It also discusses the issue of the quality of crude which include the low sulphur light sweet crude and the heavy sour (high sulfur) crude which requires removal of the sulphur.
- Subjects
MIDDLE East; UNITED States; PETROLEUM industry; PETROLEUM product sales &; prices; HUBBERT, M. King; MIDDLE Eastern politics &; government; TWENTIETH century
- Publication
Science Progress, 2011, Vol 94, Issue 1, p1
- ISSN
0036-8504
- Publication type
Article
- DOI
10.3184/003685011X13004716160043