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Political Constraints on Government Cartelization: The Case of Oil Production Regulation in Texas and Saudi Arabia
Political Constraints Government Cartelization The Case of Oil Production Regulation Texas and Saudi Arabia
2014/6/27
We examine government cartelization efforts in crude oil production. Texas and Saudi Arabia are alleged to act as swing producers to maintain the interstate (1933-1972) and OPEC (1973 on) oil cartels ...