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Oil Supply Disruptions and the Role of the International Energy Agency

Douglas R. Bohi and Michael A. Toman

Year: 1986
Volume: Volume 7
Number: Number 2
DOI: 10.5547/ISSN0195-6574-EJ-Vol7-No2-3
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Abstract:
This paper examines key crisis management provisions of the IEA Agreement in relation to the interests of member countries in energy security cooperation' and considers ways these interests might be further served by altering the agreement. Two observations underlie both the motivation and thrust of this investigation. The first is that the potential benefits to members of energy security cooperation are likely to be substantial.' Thus, it may be assumed that TEA members have an incentive to find methods inside or outside the agreement for reaping at least part of these gains. Given these incentives, it is important to consider how potential gains from cooperation can be achieved in practice.



An Integrated Analysis of U.S. Oil Security Policies

Frederic H. Murphy, Michael A. Toman, and Howard J. Weiss

Year: 1986
Volume: Volume 7
Number: Number 3
DOI: 10.5547/ISSN0195-6574-EJ-Vol7-No3-5
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Abstract:
Despite waning governmental interest, the current world oil market provides a valuable opportunity for reflecting on how U.S. policies can be structured to best guard against future disruptions in oil supplies. A vast literature on this subject has developed over the past few years. Yet, important points of disagreement remain.





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