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  • Anforme Can the problem of falling oil reserves be resolved by market forces or is Government intervention necessary?

Anforme Can the problem of falling oil reserves be resolved by market forces or is Government intervention necessary?

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  • Product Reference: D107

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Ian Black, St Alban’s School, considers whether the market for oil is working adequately.

Summary of Key Points:

·         Introduction

·         What falling reserves?

·         The Rising Oil Price

·         The Price Mechanism in action

·         Market Failure

·         Government Intervention

·         Conclusion

·         Questions for Discussion, Summary of Key Points and Taking it Further

This article appeared in ET Volume 14, issue 2

Download: D107

Ian Black, St Alban’s School, considers whether the market for oil is working adequately.

Summary of Key Points:

·         Introduction

·         What falling reserves?

·         The Rising Oil Price

·         The Price Mechanism in action

·         Market Failure

·         Government Intervention

·         Conclusion

·         Questions for Discussion, Summary of Key Points and Taking it Further

This article appeared in ET Volume 14, issue 2

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