The Off-Shore Petroleum Resources of South-East Asia: Potential Conflict Situations and Related Econ

One: The Demand-Supply Situation.- I. The Value of Petroleum to South-East Asian Economies.- The Relation between Energy and Economic Growth.- Energy and Petroleum Consumption in South-East Asia.- Oil as a Revenue Earner.- Urgency for Developing Indigenous Resources.- II. The Off-Shore Petroleum Resource Potential of South-East Asia.- Off-shore Resource Estimates.- Factors Enhancing South-East Asia's Petroleum Prospects.- Off-shore Production.- Two: Potential Areas of Conflict.- III. Potential Sources of Conflict and the Law of the Sea Issues.- Jurisdictional Issues in the Law of the Sea Affecting Off-shore Petroleum Resources.- The Territorial Sea Issue.- Jurisdictional Issues over Resources.- IV. Actual Territorial Disputes over Potential Off-Shore Petroleum Fields.- Controversial Claims in the Gulf of Thailand.- Oil-related Area Claims in the South China Sea.- Off-shore Oil Discoveries in Sabah and the Malaysia-Philippines Controversy.- V. Potential Conflict Situations Arising from Geological Settings and Environmental Phenomena.- Geology-Related Potentials for Conflict.- Commonality of Water Resources and the Conservation/ Pollution Problem.- Three: Economic and Policy Implications.- VI. Some Economic Factors Bearing on the Resolution of Conflicts over Oil Resources.- The Economics of Petroleum Resource Development.- Some Economic Impacts of Petroleum Resource Development.- Some Environmental Impacts of Off-shore Petroleum Development.- Economic Welfare Implications of Conflict Situations.- Benefit/Cost Analysis in Government Decision-making Relative to Off-shore Petroleum Resources.- Social Opportunity Costs of Disputes.- VII. Conclusions and Policy Implications.- Appendixes.- A U.S. Geological Survey Description of Coastal Categories.- B Proposed Legal Definitions in the Third Law of the Sea Conference.- C Mathematical Explanation of Welfare Maximization in the Utilization of a Society's Petroleum Resources.