By exploiting the mathematical analogy between the propagation of sound in
a nonhomogeneous potential flow and the propagation of a scalar field in cu
rved space-time, Various wave "energy" and wave "momentum'' conservation la
ws are established in a systematic manner. In particular, the acoustic ener
gy conservation law due to Blokhintsev appears as the result of the conserv
ation of a mixed covariant and contravariant energy-momentum tensor, while
the exchange of relative energy between the wave and mean flow, first noted
by Longuet-Higgins and Stewart in the context of ocean waves, appears as t
he covariant conservation of the doubly contravariant form of the same ener
gy-momentum tensor.