Only if non-OPEC nations, including Norway, Mexico, and Russia, were to trim output by a total of 500,000 barrels a day.

Approximately two-thirds of the income derived from this total output is paid out to workers as wages and salaries, the remaining third serving as compensation to the owners of the capital goods.

In modern economies about one-third of the total output of consumer goods is attributable to the use of capital goods.