Over the last 40 years the Organization of Petroleum Exporting Countries (OPEC) has had varied success in
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a. New oil fields are discovered and increased drilling is undertaken in the Gulf of Mexico and the North Sea by nonmembers of OPEC.
b. Crude oil is a product that is differentiated by sulfur content: it costs less to refine low-sulfur crude oil into gasoline. Different OPEC countries possess oil reserves of different sulfur content.
c. Cars powered by hydrogen are developed.
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