VOL. XXXIV

NO. 8

26-NOVEMBER-1990

Saudi Oil Official Replies to Adelman

A recent paper on "OPEC and World Oil Prices" submitted to a USSenate Committee by Prof. M. A. Adelman (Professor of Economics Emeritus at theMassachusetts Institute of Technology) has elicited an angry response from asenior Saudi oil official, Prince Abdulaziz Bin Salman al-Saud, who is Advisorto the Saudi Minister of Petroleum and Mineral Resources. There follows the textof Prince Abdulaziz' reply together with that of...