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Change and Continuity

Abstract:
This award, which elevates me to the ranks of its previous distin-guished recipients, gives me great pleasure, especially since I am the first non-American to receive it. This in itself is an indication of the ever-widening scope of the Association. It comes to me at the end of a long life devoted to our industry. It is almost sixty years since I entered it as a junior business executive ... It is now forty years since I wrote my first book, appropriately titled Essentials of Petroleum, and almost thirty years since I left business to make my hobby my job when I formed Petroleum Economics Ltd., an international consulting firm.

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Energy Specializations: Energy and the Economy – Energy as a Productive Input; Energy and the Economy –Economic Growth and Energy Demand; Energy and the Economy – Resource Endowments and Economic Performance; Energy and the Economy – Energy Shocks and Business Cycles

JEL Codes: Q35: Hydrocarbon Resources, Q38: Nonrenewable Resources and Conservation: Government Policy, L71: Mining, Extraction, and Refining: Hydrocarbon Fuels, Q41: Energy: Demand and Supply; Prices, Q42: Alternative Energy Sources

Keywords: Energy economists, Oil industry, Historical analysis

DOI: 10.5547/ISSN0195-6574-EJ-Vol6-No4-1

Published in Volume 6, Number 4 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.

 

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