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As a result, spot and forward trading in Dubai, as a marker for sour grades, is dwindling because production of this grade has fallen below 100,000 b/d and the trade is lacking in liquidity. From the company's Camarillo headquarters, President Harry Hibler said he is in final negotiations with Los Angeles- and Moscow-based Forward Trading Inc. As "bonuses," the reader also receives thorough treatments of how the transportation market has influenced energy production and regulation, the history of regulations against self-service gas stations, the relationship between antitrust law and common pool problems, energy policy in wartime, the regulation of gasoline marketing, and restrictions on futures and forward trading, among many other topics that fall outside of the usual purview of energy economists and historians. |
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