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Reducing the Economic Impacts of Oil Supply Interruptions: An International Perspective

Abstract:
Several circumstances could lead to deep and extended interruptions of the world's supply of oil during the 1980s. The range of potential interruptions includes those on the scale experienced in 1973-74 and 1979-80 but is not limited to them. Much deeper and longer interruptions may occur or be threatened.

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Energy Specializations: Petroleum – Policy and Regulation; Energy Security and Geopolitics – Energy Security

JEL Codes: Q41: Energy: Demand and Supply; Prices, Q47: Energy Forecasting, Q37: Nonrenewable Resources and Conservation: Issues in International Trade, Q35: Hydrocarbon Resources

Keywords: Oil supply, Oil price shocks

DOI: 10.5547/ISSN0195-6574-EJ-Vol3-No1-1

Published in Volume 3, Number 1 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.

 

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