ONE The European Gas Market.- 1 The Western European gas market: deregulation and supply competition.- 2 Residential energy demand — the evolution and future potential of natural gas in Western Europe.- 3 The European gas market as a bargaining game.- 4 Bargaining, vertical control, and (de)regulation in the European gas market.- 5 Environmental effects of a transition from oil and coal to natural gas in Europe.- TWO Management of National Petroleum Resources.- 6 Petroleum resources and the management of national wealth.- 7 Oil and gas revenues and the Norwegian economy in retrospect: alternative macroeconomic policies.- 8 The resource rent for Norwegian natural gas.- 9 Social discount rates for Norwegian oil projects under uncertainty.- 10 The choice between hydro and thermal power generation under uncertainty.- 11 The management of jointly produced exhaustible resources.- THREE The World Oil Market and Macroeconomic Performance.- 12 The options for independent oil-exporting countries in the 1990s.- 13 Business cycles and oil price fluctuations: some evidence for six OECD countries.