| ID | 138557 |
| Title Proper | Coda |
| Other Title Information | and oil we go |
| Language | ENG |
| Author | Andelman, David A |
| Summary / Abstract (Note) | Pull up to a gas pump anywhere in Saudi Arabia, and you can fill your tank for 45 cents a gallon. The price hasn’t changed since the King dropped it from 90 cents in 2006. It’s the King who sets the price because the number has little or nothing to do with the price of oil on the world markets. It has more to do with how much it costs to lift each gallon out of the ground and refine it. Because, after all, the Kingdom owns it all. |
| `In' analytical Note | World Policy Journal Vol. 32, No.1; Spring 2015: p.118-125 |
| Journal Source | World Policy Journal 2015-03 32, 1 |
| Key Words | Oil ; OPEC ; Saudi Arabia ; Peak Oil ; Coda ; Conventional Market Economics ; Building Economies ; Exhaustible Resources |