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A new study investigates the political and economic aspects of the mode and pattern of exploitation of the Groningen gasfield, the Netherlands, and analyses the effect of European gas market liberalization on its traditional role in the gas supply system.

A criticism of an article by Dr. Grubler and co-authors in Energy Policy 27 (5), 1999, is presented, focusing on the dynamics of energy technologies and global change.

The changing and generally turbulent political conditions in the Middle East enhanced the fear of oil-importing countries over the security of Middle East oil supplies. These conditions encouraged discovery and development of alternative energy sources and oil markets, which weakened international dependence on Middle East oil. The resurgence of geographically dispersed oil production and its economic advantages suggests regionalization of the international oil market will continue. This will prevent Middle East redomination of the oil industry.

Recent estimates of limited oil resources as constituting a constraint on the future of oil, lack validity. The issue is unimportant for the oil market for 50 years. Similarly, fears [...]

The outlook of oil supply from OPEC and non-OPEC countries from 1990 to 2020 is presented. The prospects of oil supply is viewed in the context of the forecasted changes in energy resources for the same period. Oil and coal will lose out to natural gas and renewable resources due to environmental requirements. The most significant change forecasted for the world's oil industry is that it will be regionalized according to the three major trading blocs, North America, western Europe and Japan/Australasia.

INTRODUCTION The period from the mid-1970s to the late 1980s was one of relative stagnation in the Western European gas market. Annual indigenous production barely changed and gas use increased [...]

Popular misconceptions about oil reserves and energy supplies have guided government thinking and policies. These have to be corrected in order to save western economies from the high costs and severe difficulties related with energy resources. One fiction is that of low-cost, limitless nuclear power which is supported by statistics from countries who have attempted to produce such energy. Another fallacy is the belief of a possible re-dependence on Middle East oil.

By JANNE HAALAND MATLARY (St. Martin's Press, 1997), 174 pages. ISBN 00-312-17295-8. This book is concerned essentially with the politics of energy sector decisions in some of the member countries [...]

US domination of the global oil industry is returning after two decades of decline thanks to the developing agreement between the US and Saudi Arabia to stabilize prices and supply. Pressures from other countries seriously hampered the US oil companies in the 1970s, and fear of running out of oil led them and dependent nations to explore costly alternatives. However, the efforts by the US and Saudi Arabia toward independence from one another were voided by the Gulf War and the collapse of the Soviet Union.

D. Helm, J. Kay and D. Thompson (Eds.), The Market for Energy In this collection of papers, on aspects of the U.K.'s energy sector, there are 21 contributions by a [...]