State Petroleum Enterprises in Developing Countries

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Language: English

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Therefore, oil prices remain volatile, and the global economy is still looking gloomy.” Reduced economic activity has led to stubbornly high levels of unemployment in many countries. Long Energy delivers Home heating oil, propane and diesel fuels for residential, commercial and fleet customers. Pages 34-37. < www.imf.org > But in the longer term, there is potential for other industries to switch to natural gas—even transportation, because natural gas can be used in internal combustion engines, which now rely mainly on refined petroleum products such as gasoline or diesel fuel. … If there is widespread substitution of natural gas for petroleum products, global oil markets would be affected.

Pages: 211

Publisher: Pergamon Pr (May 1980)

ISBN: 0080251269

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