Introduction: Is the Genie Back in the Bottle?

Abstract

Get full access to this article

View all access options for this article.

References

Adelman

M. A.

(1949). “Effective Competition and the Antitrust Laws.” Harvard Law Review 61(8): 1289-1350. http://dx.doi.org/10.2307/1335932.

Adelman

M. A.

(1951). “The Measurement of Industrial Concentration.” Review of Economics and Statistics. 32(November):26996. http://dx.doi.org/10.2307/1926455.

Adelman

M. A.

(1955). “Vertical Integration.” in George J. Stigler (ed.) Business Concentration and Price Policy, Princeton, NJ: Princeton University Press, 281–322.

Adelman

M. A.

(1959). “A&P: A Study in Price-Cost Behavior and Public Policy.” Cambridge, MA:: Harvard University Press.

Adelman

M. A.

(1962). “Petroleum Production Costs in General.” The Journal of Industrial Economics. 10: 3-24. Reprinted in Adelman (1993), 3-27. http://dx.doi.org/10.2307/2098656.

Adelman

M. A.

(1962). “The Supply and Price of Natural Gas.” Supplement to The Journal of Industrial Economics, Oxford: Blackwell, Pages 1-24. Reprinted in Adelman (1993), 3-25. http://dx.doi.org/10.2307/2098656.

Adelman

M. A.

(1963). “Les Prix Petroliers a Long Terme. Revue de l’Institute Francais du Petrole. Translated to English in “Oil Prices in the Long Run.” Journal of Business, 37(1964): 143-161. Reprinted in Adelman (1993), 305-328.

Adelman

M. A.

(1964). “Efficiency of Resource Use in Crude Petroleum.” Southern Economic Journal. October 31, 101-122. Reprinted in Adelman (1993), 27-58.

Adelman

M. A.

(1966a). “Crude Oil Production Costs.” Petroleum Press Service, 3(May 1966): 177-179. Reprinted in Adelman (1993), 59-65.

10.

Adelman

M. A.

(1966b). “American Coal in Western Europe.” Journal of Industrial Economics 14(3): 199-211. http://dx.doi.org/10.2307/2097550.

11.

Adelman

M. A.

(1967) “Security of Eastern Hemisphere Fuel Supply.” MIT Department of Economics Working Paper No. 6. Condensed in Petroleum Press Service. Also published in French, Italian, and Japanese. Reprinted in Adelman (1972), 265-278 and Adelman (1993), 469-482.

12.

Adelman

M. A.

(1970). “Economics of Exploration for Petroleum and Other Minerals.” Geoexploration. 8: 131- 150. Reprinted in Adelman (1993), 65-88. http://dx.doi.org/10.1016/0016-7142(70)90030-x.

13.

Adelman

M. A.

(1971). “Significance of Shifts in World Oil Supplies, with Special Reference to Alaska.” In Adelman, M. A., Paul G. Bradley, and Charles A. Norman. Alaskan Oil: Costs and Supply. New York, NY: Praeger Publishers, 13–31.

14.

Adelman

M. A.

(1972). The World Petroleum Market. Washington, DC: Johns Hopkins Press for Resources for the Future.

15.

Adelman

M. A.

(1972-73). “Is the Oil Shortage Real? Oil Companies as OPEC Tax-Collectors.” Foreign Policy 9(Winter): 69-107. Reprinted in Adelman (1993), 329-359.

16.

Adelman

M. A.

(1973a). “The Energy Problem.” In Jules Blackman, ed., Business Problems of the Seventies. New York: New York University Press. Reprinted in Adelman (1993), 483-497.

17.

Adelman

M. A.

(1973b). Video interview with William F. Buckley, Jr. on Firing Line relating to the Arab oil embargo. http://www.amazon.com/Firing-William-Buckley-Energy-Crisis/dp/B00G707U1Ecan. Taped on 09/13/1973.

18.

Adelman

M. A.

(1974). “Politics, Economics, and World Oil.” American Economic Review 64(2): 38-67. Reprinted in Adelman (1993), 359-373.

19.

Adelman

M. A.

(1975a). “Population Growth and Oil Resources.” Quarterly Journal of Economics 89(2): 271-275. Reprinted in Adelman (1993), 89-95.

20.

Adelman

M. A.

(1975b). “U.S. Energy Policy.” In No Time to Confuse: A Critique. San Francisco, CA: Institute for Contemporary Studies, 27–43.

21.

Adelman

M. A.

(1976a). “Oil Import Quota Auctions.” Challenge 18(6): 17-22. Reprinted in Adelman (1993), 499-509.

22.

Adelman

M. A.

(1976b). “The World Oil Cartel: Scarcity, Economics, and Politics.” Quarterly Review of Economics and Business 16(Summer): 7-18. Reprinted in Adelman (1993), 373-87.

23.

Adelman

M. A.

(1977). “The Changing Structure of Big International Oil.” In Oil, Divestiture, and National Security. New York, NY. National Strategy Information Center, Inc., 1–11.

24.

Adelman

M. A.

(1978). “Constraints on the World Oil Monopoly Price.” Resources and Energy, 1(1): 3-19. Reprinted Adelman (1992), 387–405. http://dx.doi.org/10.1016/0165-0572(78)90011-7.

25.

Adelman

M. A.

(1979). “The Case for Decontrol.” Challenge 22(3): 38-40. http://dx.doi.org/10.1080/05775132.1979.11470532.

26.

Adelman

M. A.

(1980). “The Clumsy Cartel.” The Energy Journal 1(1): 43-53. Reprinted in Adelman (1993), 407-16. http://dx.doi.org/10.5547/issn0195-6574-ej-vol1-no1-5.

27.

Adelman

M. A.

(1982a). “Coping with Supply Insecurity.” The Energy Journal 3(2): 1-17. Reprinted in Adelman (1993), 509-527.

28.

Adelman

M. A.

(1982b). “OPEC as a Cartel.” In James M. Griffin, David J. Teece. OPEC Behavior and World OH Prices, London, UK, George Allen & Unwin Publishers. Reprinted In M. A. Adelman, ed., The Economics of Petroleum, 417–441.

29.

Adelman

M. A.

(1983). “Oil and Gas: Estimation of Discovered Reserves.” In Adelman (1983), 27-79. Portions reprinted in Adelman (1993): 127-144.

30.

Adelman

M. A.

(1984a). “International Oil Agreements.” The Energy Journal 5(3): 1-10. http://dx.doi.org/10.5547/ISSN0195-6574-EJ-Vol5-No3-1.

31.

Adelman

M. A.

(1984b). Notes—“Sense and Nonsense about World Oil.” The Energy Journal 5(1): 169-171. http://dx.doi.org/10.5547/ISSN0195-6574-EJ-Vol5-No1-13.

32.

Adelman

M. A.

(1985a). “Worldwide Oil and Gas: Permanent Instability.” Proceedings of the 7th IAEE North American Conference: World Energy Markets: Stability or Cyclical Change? Philadelphia, PA. USA.

33.

Adelman

M. A.

(1985b). “Oil Companies as Tax Collectors.” The Energy Journal 6(Special Issue): 325-330.

34.

Adelman

M. A.

(1985c). “An Unstable World Oil Market.” The Energy Journal 6(1): 17-22. http://dx.doi.org/10.5547/ISSN0195-6574-EJ-Vol6-No1-4.

35.

Adelman

M. A.

(1985d). “Trends in Cost of Finding and Developing Oil and Gas in the U.S.” In Essays in Petroleum Economics. Edited by Steve Hanke and Stephen L Gardner, June.

36.

Adelman

M. A.

(1986a). “Oil-Producing Countries’ Discount Rates.” Resources and Energy 8(December): 309-329. Reprinted in Adelman (1993), 443-67.

37.

Adelman

M. A.

(1986b). “Scarcity and World Oil Prices.” Review of Economics & Statistics 68(3): 387-97. Reprinted in Adelman (1993), 145–166.

38.

Adelman

M. A.

(1986c). “The Competitive Floor to World Oil Prices.” The Energy Journal 7(4): 9-32. http://dx.doi.org/10.5547/ISSN0195-6574-EJ-Vol7-No4-1.

39.

Adelman

M. A.

(1986d). “The Many Markets of World Oil.” Proceedings of the 8th IAEE North American Conference: The Changing World Energy Economy, Cambridge, MA. USA.

40.

Adelman

M. A.

(1988a). “The World Oil Market to 1970”, Working Paper MIT-EL 88–014.

41.

Adelman

M. A.

(1988b). “World Oil: Price Turnabout 1970-71”, Working Paper MIT-EL 88-016WP

42.

Adelman

M. A.

(1988c). Book Review: “Economics of the Mineral Industries.” The Energy Journal 9(1): 121-122. http://dx.doi.org/10.5547/ISSN0195-6574-EJ-Vol9-No1-11.

43.

Adelman

M. A.

(1989a). “Mideast Governments and the Oil Price Prospect.” The Energy Journal 10(2): 15-24. http://dx.doi.org/10.5547/ISSN0195-6574-EJ-Vol10-No2-3.

44.

Adelman

M. A.

(1990a). “Mineral Depletion with Special Reference to Petroleum.” Re-view of Economics and Statistics 72(1): 110. Reprinted in Adelman (1993), 219-240.

45.

Adelman

M. A.

(1990b). “The First Oil Price Explosion 1971-1974.” MIT Center for Energy and Environmental Policy Research Working Paper WP-90013, Cambridge, Mass, May. http://dspace.mit.edu/bitstream/handle/1721.1/50146/28596081.pdf?sequence=1.

46.

Adelman

M. A.

(1990c). “OPEC and Alternative Sources of Oil.” Video testimony at a hearing held by the Senate Governmental Affairs Committee to investigate the price of fuel in light of the events in the Persian Gulf. October31. http://www.c-span.org/video/?14756-1/opec-alternative-sources-oil

47.

Adelman

M. A.

(1990d). “The 1990 Oil Shock is Like the Others.” The Energy Journal 11(4): 1-13. http://dx.doi.org/10.5547/ISSN0195-6574-EJ-Vol11-No4-1.

48.

Adelman

M. A.

(1991a). Book Review—“The Petroleum Markets: A Framework for Reliable Projections” The Energy Journal 12(4): 145-147. http://dx.doi.org/10.5547/ISSN0195-6574-EJ-Vol12-No4-10.

49.

Adelman

M. A.

(1991b). “Oil Fallacies.” Foreign Policy 82(Spring): 2-16. Reprinted in Adelman (1993), 537-549.

50.

Adelman

M. A.

(1991c). “USA Oil/Gas Production Cost: Recent Changes.” MIT Center for Energy and Environmental Policy Research Working Paper WP-91010, Cambridge, Mass, February. https://dspace.mit.edu/bitstream/handle/1721.1/50166/28596172.pdf?sequence=1.

51.

Adelman

M. A.

(1991d) USA Oil/Gas Production Cost: Recent Changes. Energy Economics 13(4): 235-237. http://dx.doi.org/10.1016/0140-9883(91)90001-G.

52.

Adelman

M. A.

(1992a). Untitled presentation filmed at the CATO Institute Forum “National Energy Policy: Markets or Mandates.” Washington D.C. January 16. Video: http://www.c-span.org/video/?23815-1/us-oil-imports-energy-policy. (Adelman is the first presenter).

53.

Adelman

M. A.

(1992b). “Oil Resource Wealth of the Middle East.” Energy Studies Review 4(1): 7-22. https://energystudiesrev-iew.ca/esr/article/download/253/570.

54.

Adelman

M. A.

(1992c). “Is the World Oil Market ‘One Great Pool’?—Comment.” The Energy Journal 13(1): 157-158. http://dx.doi.org/10.5547/ISSN0195-6574-EJ-Vol13-No1-9.

55.

Adelman

M. A.

(1992d). “OPEC at High Noon 1974-1981.” MIT Center for Energy and Environmental Policy Research Working Paper WP-92003, Cambridge, Mass, February. http://dspace.mit.edu/bitstream/handle/172L1/50174/28596219.pdf?sequence=1.

56.

Adelman

M. A.

(1992e). “An Investment Cycle in World Oil Prices?” Proceedings of the 15th IAEE International Conference: Coping with the Energy Future: Markets and Regulations (Tours, France). Volume (I), F-1 to F-5.

57.

Adelman

M. A.

(1992f). “Finding and Developing Costs in the United States, 1945-1986,” Advances in the Economics of Energy and Resources, ed. J. R. Moroney (JAI Press 1992): 11-58

58.

Adelman

M. A.

(1993a). “Modelling World Oil Supply.” The Energy Journal 14(1): 1-32. Reprinted in Adelman (1993), 269-301.

59.

Adelman

M. A.

(1993b). “The Cartel in Retreat.” MIT Center for Energy and Environmental Policy Research Working Paper WP-93005, Cambridge, Mass, August. http://dspace.mit.edu/bitstream/handle/1721.1/50178/35718454.pdf?sequence=1.

60.

Adelman

M. A.

(1993c). “The Economics of Petroleum Supply.” Editor. Cambridge, Mass: MIT Press. (Reprinted in 2003).

61.

Adelman

M. A.

(1994a). “The World Oil Market: Past and Future.” The Energy Journal 15(Special Issue): 3-11. http://dx.doi.org/10.5547/issn0195-6574-ej-vol15-nosi-2.

62.

Adelman

M. A.

(1994b). “Sustainable Growth and Valuation of Mineral Reserves.” MIT Center for Energy and Environmental Policy Research Working Paper WP-94010, Cambridge, Mass, December. https://dspace.mit.edu/bitstream/handle/1721.1/50217/35721420.pdf?sequence=1.

63.

Adelman

M. A.

(1995). The Genie Out of the Bottle. Cambridge, MA:: MIT Press.

64.

Adelman

M. A.

(1996a). “A Review of Oil Production Capacity Expansion Costs for the Persian Gulf.” MIT Center for Energy and Environmental Policy Research Working Paper WP-96006, Cambridge, MA. http://dspace.mit.edu/bitstream/handle/1721.1/50222/35721645.pdf?sequence=1.

65.

Adelman

M. A.

(1996b). “Oil Supply: Political and Economic Constraints.” Proceedings of the 19th IAEE International Conference:Global Energy Transitions with Emphasis on the Last Five Years of the Century (Budapest, Hungary), 290-298.

66.

Adelman

M. A.

(1997a). “My Education in Mineral (Especially Oil) Economics.” Annual Review of Energy and the Environment 22(November): 13-6.

67.

Adelman

M. A.

(1997b). “Economic Theory of Mineral Depletion with Special Reference to Oil and Gas.” Proceedings of the 9th IAEE International Conference: World Energy Markets: Coping with Instability, Calgary, Alberta, Canada.

68.

Adelman

M. A.

(1998a). “Crude Oil Supply Curves.” MIT Center for Energy and Environmental Policy Research Working Paper WP-98008, Cambridge, MA, June. http://web.mit.edu/ceepr/www/publications/workingpapers/98008.pdf.

69.

Adelman

M. A.

(1998b). “Crude Oil Supply Curves.” Proceedings of the 21st IAEE Conference, Experimenting with Freer Markets: Lessons from the Last 20 Years and Prospects for the Future. Quebec City, Canada: 179–184.

70.

Adelman

M. A.

(2001). “The Clumsy Cartel.” Harvard International Review 23(1): 20-23.

71.

Adelman

M. A.

(2002). “World Oil Production and Prices 1947-2000.” The Quarterly Review of Economics and Finance 42(2): 169-191. http://dx.doi.org/10.1016/S1062-9769(02)00129-1.

72.

Adelman

M. A.

(2004). “The Real Oil Problem.” Regulation 27(1): 16-21. http://faculty.nps.edu/relooney/3040_OPEC_2.pdf.

73.

Adelman

M. A.

Blitzer

Charles

Cox

Loren

Lynch

Michael

Parsons

John

Wright

Arthur

(1986a). “Prospects for European Gas Trade.” Proceedings of the 8th IAEE North American Conference: The Changing World Energy Economy. Cambridge, MA, 233–237.

74.

Adelman . M. A., Harindar De Silva, and Michael F. Koehn (1990). “User Cost in Oil Production.” MIT Center for Energy and Environmental Policy Research Working Paper WP-90020, Cambridge, Mass, October. http://dspace.mit.edu/bits-tream/handle/1721.1/50153/28596123.pdf?sequence=1.

75.

Adelman

M. A.

(1991). “User Cost in Oil Production.” Resources and Energy 13(3): 217-240. Reprinted in Adelman (1993): 241267.

76.

Adelman

M. A.

Houghton

John C.

(1983). “Introduction of Estimating Reserves and Resources.” In Adelman et al (1983): 1-23.

77.

Adelman

M. A.

Houghton

John C.

Kaufman

Gordon M.

Zimmerman

Martin B

(1983). Energy Resources in an Uncertain Future: Coal, Gas, Oil, and Uranium Supply Forecasting. Cambridge, Mass: Ballinger Publishing Co.

78.

Adelman

M. A.

Jacoby

H. D.

. (1977) “Alternative Methods of Oil Supply Forecasting.” MIT World Oil. Project, Working Paper MIT-EL-77-023WP, https://'.mit.edu/bitstream/handle/1721.1/31271/MIT-EL-77-023WP-04140305.pdf?sequence=1.

79.

Adelman

M. A.

Lynch

M. C.

(1986a). “Natural Gas Supply in Asia-Pacific Region.” MIT Energy Lab 86-005, Cambridge, MA, March. In East Asia/Pacific Natural Gas Trade. International Natural Gas Trade Project Center for Energy Policy Research Energy Laboratory, Cambridge, Mass, USA, Institute of Technology, 73–162. http://web.mit.edu/ceepr/www/publications/East%20Asia_Pacific%20Natural%20Gas%20Trade.pdf.

80.

Adelman

M. A.

Lynch

M. C.

(1986b). “Natural Gas Supply in Western Europe.” MIT Energy Lab, Cambridge, MA, December. In Western Europe Natural Gas Trade, International Natural Gas Trade Project Center for Energy Policy Research Energy Laboratory, Cambridge, Mass, USA, Institute of Technology, 79–283. http://web.mit.edu/ceepr/www/publications/Western%20Europe%20Natural%20Gas%20Trade.pdf.

81.

Adelman

M. A.

Lynch

M. C.

Ohashi

. (1985). “Supply Aspects of North American Gas Trade.” MIT Energy Lab, 85-013, Cambridge, MA, October. In Canadian-U.S. Natural Gas Trade. International Natural Gas Trade Project Center for Energy Policy Research Energy Laboratory, Cambridge, Mass, USA, Institute of Technology, 71–182. http://web.mit.edu/ceepr/www/publications/Canadian%20US_Natural%20Gas%20Trade.pdf.

82.

Adelman

Morris

Shahi

Manoj

.1989. “Oil Development-Operating Cost Estimates 1955-1985.” Energy Economics. 11 (January): 2-10. Reprinted in Adelman (1993): 193-217.

83.

Adelman

M. A.

Ward

G. L.

. (1980). “Worldwide Production Costs for Oil and Gas.” In Advances in the Economics of Energy and Resources 3:1-29. Reprinted in Adelman (1993): 95-127.

84.

Adelman

M. A.

Watkins

G. C.

(1992). “Reserve Asset Values and the Hotelling Valuation Principle.” MIT Center for Energy and Environmental Policy Research Working Paper WP-92004, Cambridge, MA, March. http://dspace.mit.edu/bitstream/handle/1721.1/50175/28596223.pdf?sequence=1.

85.

Adelman

M. A.

Watkins

G. C.

(1993). “Reserve Asset Values and the Hotelling Valuation Principle: Further Evidence.” Proceedings of the 15th IAEE North American Conference: Energy & the Environment. Seattle, Washington, USA.

86.

Adelman

M. A.

Watkins

G. C.

(1995a). “Oil and Gas Reserve Values in the U.S.A.” Proceedings of the 18th IAEE International Conference: Into the 21st Century: Harmonizing Energy Policy, Environment, and Sustainable Economic Growth. Washington, DC, USA.

87.

Adelman

M. A.

Watkins

G. C.

(1995b) “Reserve Asset Values and the Hotelling Valuation Principle: Further Evidence.” Southern Economic Journal 61(3)(Jan): 664-673. http://dx.doi.org/10.2307/1060989.

88.

Adelman

M. A.

Watkins

G. C.

(1996a). “The Value of United States Oil and Gas Reserves.” MIT Center for Energy and Environmental Policy Research Working Paper WP-96004, Cambridge, MA, May. http://dspace.mit.edu/bitstream/handle/1721.1/50224/35721668.pdf?sequence=1.

89.

Adelman

M. A.

Watkins

G. C.

(2002a). “Costs of Aggregate Hydrocarbon Reserve Additions.” MIT Center for Energy and Environmental Policy Research Working Paper WP-2002-011, Cambridge, MA, December. http://web.mit.edu/ceepr/www/publications/wor-kingpapers/2002-011.pdf.

90.

Adelman

M. A.

Watkins

G. C.

(2002b). “Oil Equivalence: A Recurring Fable.” Proceedings of the 25th IAEE International Conference: Innovation and Maturity in Energy Markets: Experience and Prospects. Aberdeen, Scotland.

91.

Adelman

M. A.

Watkins

G. C.

(2003a). “Oil and Natural Gas Reserve Prices 1982-2002: Implications for Depletion and Investment Cost.” MIT Center for Energy and Environmental Policy Research Working Paper WP-2003-016, Cambridge, Mass, November. http://web.mit.edu/ceepr/www/publications/workingpapers/2003-016.pdf

92.

Adelman

M. A.

Watkins

G. C.

(2003b). “Resource Scarcity: Evidence from Values of Oil and Natural Gas Reserves.” Proceedings of the 26th IAEE International Conference: New Challenges for Energy Decision Makers. Prague, Czech Republic.

93.

Adelman

M. A.

Watkins

G. C.

(2004). “Costs of Aggregate Hydrocarbon Reserve Additions.” The Energy Journal 25(3): 37-51. http://dx.doi.org/10.5547/ISSN0195-6574-EJ-Vol25-No3-3.

94.

Adelman

M. A.

Watkins

G. C.

(2005a). “U. S. Oil and Natural Gas Reserve Prices 1982-2003.” Energy Economics. 27(4): 553-571. http://dx.doi.org/10.1016/j.eneco.2005.03.008.

95.

Adelman

M. A.

Watkins

G. C.

(2005b). “Oil and Natural Gas Reserve Prices.” Addendum to CEEPR Working Paper WP 03-016. Including results for 2003 and Revisions to 2001, CEEPR 05-013. March. file:///C:/Users/sysadmin/Downloads/2005-013.pdf.

96.

Adelman

M. A.

Watkins

G. C.

(2008). “Reserve Prices and Mineral Resource Theory.” The Energy Journal 29(Special Issue): 1-16. http://dx.doi.org/10.5547/issn0195-6574-ej-vol29-nosi-1.

97.

Adelman

M. A.

Zimmerman

Martin B.

(1974). “Prices and Profits in Petrochemicals.” The Journal of Industrial Economics 22(4): 245-254. http://dx.doi.org/10.2307/2097973.

98.

American Petroleum Institute (API) (1969) Petroleum Facts and Figures. Washington, D.C.: American Petroleum Institute.

99.

Analysis Group (2014) “Analysis Group Remembers Professor M. A. Adelman.” May 20. http://www.analysisgroup.com/news-and-events/news/analysis-group-remembers-professor-m--a--adelman/#sthash.z5IghTSw.dpuf.

100.

Baptista

F. G.

(1951). “The Conservation and Utilization of Natural Gas in Venezuela.” M.S. Thesis. MIT, Cambridge, MA.

101.

British Petroleum (2015) Annual Statistical Review of World Energy. http://www.bp.com/en/global/corporate/energy-eco-nomics/statistical-review-of-world-energy.html.

102.

Bradley

Paul A.

(2013). “’Peak Oil Is Dead’: M. A. Adelman Revisited.” Master Resource: A Free Market Energy Blog. May20. https://www.masterresource.org/peak-oil-fixitydepletion/peak-oil-dead-adelman/.

103.

Buddycom (2015). “Brain Food.” (http://www.buddycom.com/ecol/Brainfood/controlext.html).

104.

Center for Energy and Environmental Policy Research (CEEPR) (2014). Massachusetts Institute of Technology. http://ceepr.mit.edu/morris-adelman-ceepr-faculty-affiliate-since-its-founding-in-1977-passes-away-at-96/.

105.

CEEPR (2015). Webpage. http://ceepr.mit.edu/.

106.

Cookenboo

Jr. (1957). “Crude Oil Pipelines and Competition.” Cambridge, MA:: Harvard Univ. Press.

107.

Dahl

Carol A

(2015). International Energy Markets: Understanding Pricing, Policies, and Profits. Tulsa, OK: Pennwell Press.

108.

De Jong

William W.

Shepherd

William G.

, eds. (2007). Pioneers of Industrial Organization: How the Economics of Competition and Monopoly Took Shape. Northampton, Mass, USA: Edward Elgar Publishing. http://dx.doi.org/10.4337/9781847206961.

109.

Dimsdale

N. H.

(1963). Book Review: “The Supply and Price of Natural Gas.” The Economic Journal 73(290): 323-325. http://www.jstor.org/stable/2228558?seq=1#page_scan_tab_contents. http://dx.doi.org/10.2307/2228558.

110.

Duarte

Pedro Garcia

(2013) “MIT Graduate Networks.” Working Paper 2013-08, Department of Economics, Faculty of Economics and Accounting University of Sao Paulo, (FEA-USP). http://www.fea.usp.br/feaecon/RePEc/documentos/PedroGarciaDuarte08WP.pdf.

111.

Geni (2015). “Morris Albert Adelman.” http://www.geni.com/people/Morris-Adelman/6000000005596913937.

112.

Gordon

R. L.

(1967). “A Reinterpretation of the Pure Theory of Exhaustion.” Journal of Political Economy 75(3): 27486. http://dx.doi.org/10.2307/2228558.

113.

Gordon

Richard L

Jacoby

Henry D.

Zimmerman

Martin B.

(1987) Energy Markets and Regulation. Cambridge, Mass, MIT Press.

114.

Hanke

Steve H.

(2014) “Remembrances of Prof. M.A. Adelman.” June 13. http://www.cato.org/blog/remembrances-prof-ma-adelman.

115.

Harvard Crimson (1950). “Two Ex-Grad Students Win $500 Wells Prizes.” June 12. http://www.thecrimson.com/article/1950/6/12/two-ex-grad-students-win-500-wells/.

116.

Herfindahl

O. C.

(1959). Copper Cost and Prices. Washington, DC: Resources for the Future.

117.

Herfindahl

O. C.

(1967). “Depletion and Economic Theory.” In Extractive Resources and Taxation, ed. M. C. Gaffney. Madison, WI: University of Wisconsin Press: 63–90.

118.

Hotelling

Harold

. (1931). “The Economics of Exhaustible Resources.” Journal of Political Economy 39(2): 137-175. http://dx.doi.org/10.1086/254195.

119.

IAEE (2015). IAEE website. http//:www.iaee.org.

120.

International Energy Agency (2012) “IEA Response System for Oil Supply Emergencies.” Paris, France: IEA. https://www.iea.org/publications/freepublications/publication/EPPD_Brochure_English_2012_02.pdf.

121.

Johnson

Howard Wesley

(1999). Holding the Center: Memoirs of a Life in Higher Education. Cambridge, Mass: MIT Press.

122.

Kindleberger

Charles P.

(1986). “Preface.” In Gordon (1987): ix-xi.

123.

Langley

Kathleen M.

(1973). Book Review: “The World Petroleum Market by Morris Adelman (1972).” The Journal of Economic History. 33(04): 875-876. http://dx.doi.org/10.1017/S0022050700079274.

124.

Levine Chapels (2014). “In Memory of Morris A. Adelman May 31, 1917-May 8, 2014.” http://obits.dignitymemorial.com/dignity-memorial/obituary.aspx?n=Morris-Adelman&lc=7323&pid=170958131&mid=5961384.

125.

Lynch

Michael C.

(2014) “Morris A. Adelman, Petroleum Economist, Has Passed Away.” May 8. http://www.forbes.com/sites/michaellynch/2014/05/09/morris-a-adelman-petroleum-economist-has-passed-away/

126.

Martin

Douglas

(2014). “Morris A. Adelman Dies at 96; Saw Oil as Inexhaustible.” New York Times, June8. http://www.nytimes.com/2014/06/09/business/morris-a-adelman-dies-at-96-saw-oil-as-inexhaustible.html?_r=0.

127.

MIT News (2014). “Morris Adelman, MIT economics faculty member for more than six decades, dies at 96.” May 14. http://news.mit.edu/2014/morris-adelman-mit-economics-faculty-member-over-six-decades-dies.

128.

Odell

Peter R.

(1973). Book Review: The WorldPetroleumMarket by M.A. Adelman.” EnergyPolicy 1(2): 167-168. http://dx.doi.org/10.1016/0301-4215(73)90041-4.

129.

Prabook (2015). “Morris Albert Adelman.” http://prabook.org/web/person-view.html?profileId=695524.

130.

Smith

William D.

(1971). “2 Oil Economists Agree Buyer’s Market is Over,” New York Times, March 29:49-50.

131.

U.S. Federal Trade Commission. (1952). “The International Petroleum Cartel.” Subcommittee on Monopoly of Select Committee on Small Business, U. S. Senate. Washington, DC: U.S. Government Printing Office.

132.

USAEE (2015). USAEE Webpage. https://www.usaee.org.

133.

Watkins Campbell

(1987) “Living Under a Shadow: U.S. Oil Policies and Canadian Oil Pricing.” In Gordon (1987): 31-57.

134.

Yeager

Leland B.

(1974). Book Review: The World Petroleum Market by M. A. Adelman. The Journal of Business. 47(1): 89-92. http://dx.doi.org/10.1086/295612.

135.

Zannetos

Z. S.

(1966). The Theory of Oil Tankship Rates. Cambridge, MA:: MIT Press.