Originally published in 1986. Energy economics emerged in the 1970s as one of the most controversial and critical aspects of European economic and political development. This book provides a fully comprehensive but easily accessible guide to the key issues of energy policy, placing them in a European context. As well as discussing oil price movements and their effects on European prosperity, it assesses the role of energy conservation and pricing policies. The chapters discuss the economic, political and social impact of nuclear power programmes, North Sea oil and gas discoveries, Soviet gas imports, and coal field closures, and go on to forecast possible future developments. This is for all those concerned with European and energy studies, especially political scientists, geographers, economists, and environmental and resource specialists.