The gradual decline in oil prices during the 1980s was caused by structural shifts, including increased oil conservation in importing countries, the discovery of new reserves in the North Sea and Mexico, and expanded absorptive capacity among oil-exporting nations.

Authors

• Person: Behdad Gilzad Kohan, Hamid Dahouei Organization: Journal of Public and International Affairs
  Reforming Iran's Energy Policy: Strategies for Sustainability ...

Sources

• Reforming Iran's Energy Policy: Strategies for Sustainability ... jpia.princeton.edu Behdad Gilzad Kohan, Hamid Dahouei · Journal of Public and International Affairs via serper

Referenced by nodes (2)

• North Sea location
• Mexico location