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Published online by Cambridge University Press: 05 December 2011
The present buyer's market in energy is likely to continue for several years, but in the longer run the disparity in resources and consumption rates among the principal fuels will result in renewed shortage and price rises for oil and natural gas. In the longer term the major energy importers must rely on the broad international market in coal and uranium. A useful insurance for power producers will be to invest overseas in the production of their fuels.