Prorationing and its effect on investment in the Canadian oil industry
Prorationing is sometimes implemented when the producing capacity of an area exceeds the demand for that output at a price which many producers feel to be "fair" -when this situation occurs the price of course comes under pressure as producers compete with one another to sell their oil. It...
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Language: | English |
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University of British Columbia
2011
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Online Access: | http://hdl.handle.net/2429/36582 |