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The Potential Role of Natural Gas in a Major Oil Crisis

Most energy experts in the federal government involved with contingency planning concern themselves with what to do when or if "the balloon goes up"; i.e., after the nation's 6-million-barrel-per-day oil supply is substantially cut off.

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Energy Specializations: Petroleum – Policy and Regulation; Energy Security and Geopolitics – Geopolitics of Energy; Natural Gas – Policy and Regulation

JEL Codes:
E60 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
Q48 - Energy: Government Policy

Keywords: Energy security, Natural gas, Oil shocks, North America

DOI: 10.5547/ISSN0195-6574-EJ-Vol3-No2-6

Published in Volume 3, Number 2 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.