VOL. XXXI

NO. 39

4-JULY-1988

THE INFLUENCE OF POLITICAL DECISIONS ON OIL ECONOMICS

by Shaikh AhmadZaki Yamani

(The following is the text of a paper delivered by Shaikh Ahmad Zaki Yamani,the former Saudi Arabian Minister of Petroleum and Mineral Resources, at anEnergy Round Table in Cologne, West Germany, on 29 June on the occasion of the600th anniversary of Cologne University.)

There can be no doubt that there exist certain economic laws which cannot beabolished by political decisions. The law of...