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Science 21 August 1998:
Vol. 281. no. 5380, p. 1129
DOI: 10.1126/science.281.5380.1129
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News Focus

OPEC's Second Coming

Richard A. Kerr

As geologists and economists hotly debate when oil will begin to run short (see main text), there's general agreement that despite today's dirt-cheap, $14-a-barrel oil, the oil-consuming nations of the world had best take heed from the lessons learned during the oil crisis a quarter-century ago. The domination of the market by the Organization of Petroleum Exporting Countries (OPEC)--which spawned the '70s crisis--will soon return, probably in the next decade.

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Science. ISSN 0036-8075 (print), 1095-9203 (online)