Consumers’ Cartel No Panacea to Resource Nationalism
With the price of oil crossing $110 a barrel, the oil-importing countries' concerns have been mounting. Not surprisingly, the issue of whether the time is now ripe for energy consuming countries to take measures to counter the producers' growing clout is being discussed, including the formation of a consumers' cartel, to force exporters to bring down prices.
- Shebonti Ray Dadwal |
- September 2008 |
- Strategic Analysis