One: the Resources-- 1 : The size of present and future hydrocarbon reserves-- Oil and gas reserves, proven and to be found-- Estimate of reserves to be discovered-- Exploration needed to discover the potential oil reserves-- The petroleum provinces-- The new field wildcat (NFW) as an indicator-- The number of NFW to be drilled in future-- Conclusion-- 2: Hydrocarbon production capacity-- Reserves to production ratio-- Production at maximum efficient rate (MER)-- The level of crude oil (and of natural gas) production according to a demand trend-- Conclusion-- Methodology-- Two: The Development of the Oil Industry-- 3: A picture of the oil business to-day-- The oil market as a "spaghetti junction"-- The actors and the figures-- 4: The "good old days"-- The need to "manage" the oil industry-- Management by integration and interlocking concessions-- Why the system came to be terminated-- 5: The oil revolution-- The oil consumers and the developed oil-consuming countries-- The oil-exporting countries-- The oil companies-- An assessment-- 6: The objectives and instruments of the exporters-- Management by volume, or the short-term approach-- The oil rent-- The composition of supply-- The energy market and the consumer countries' economies-- The time-horizon of the producers-- Summing up-- 7: The countershock-- 8: Summing up the great change-- An economist's interpretation-- Some graphs-- A cyclical model-- The political angle-- The birthmarks of the industry-- The reaction-- A summing up-- The experience up to the present time-- 9: A modest proposal: a policy of interdependence. The need for consumer consensus-- The first Interdependence study-- How the situation has changed-- A structural element of the oil industry: the role of the State-- A modest proposal-- Appendix: The advantages of interdependence-- Annex 1: Definitions and Classifications-- Annex 2: Chronology of the 97 Meetings of the OPEC Conferences.