In This Review

Oil: The Missed Opportunity
Oil: The Missed Opportunity
By Aubrey Jones
Universe Books, 1982, 238 pp
The Oil Market in the 1980s: OPEC Oil Policy and Economic Developments
The Oil Market in the 1980s: OPEC Oil Policy and Economic Developments
By Dimitri Aperjis
Ballinger, 1982, 240 pp

A former British government minister, Jones argues that the oil-producing countries are not making the best use of their assets and that the consumers should help them industrialize. Aperjis, of the MIT Energy Laboratory, combines mathematics and politics to suggest what possibilities are open to different kinds of oil producers when demand is high or low.