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The Potential Role of Natural Gas in a Major Oil Crisis

Abstract:
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: Q41: Energy: Demand and Supply; Prices, Q40: Energy: General, Q35: Hydrocarbon Resources, Q37: Nonrenewable Resources and Conservation: Issues in International Trade

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 bi-monthly journal of the IAEE's Energy Economics Education Foundation.

 

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