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Page added on November 22, 2004

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McKillop on market and economy

Production

..three ‘new paradigms’ for annual average per capita demand can be posited, as shown in the Table, below. All of these paradigms lead only to one conclusion: sharply higher oil prices.
In addition, these potential new trends rates of per capita demand and world demand growth on a 3-year base are themselves driven by a world economic context of faster economic growth arising in part from higher energy and real resource prices.
Petroleum World



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