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Kent Moors, PhD, is the famous (in oil and energy circles) political science professor and financial and government-intelligence advisor, from Duquesne University in Pittsburgh, and one of the most cited sources by media and scholars on oil and gasoline prices.

An eponyymous law, Moors' Law (to be disambiguated from "Moore's Law," a similar law for the doubling of transistors on a silicon chip), says: The price of oil doubles every 5 years with the doubling of automobiles in China.

Moors' law is based on Chinese motorization reaching a critical mass and world production of conventional oil reaching a maximum in the year 2005. From this point forward there was an annual increase in oil prices of 15 percent per year, representing a doubling in 5 years.

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12y ago

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