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A comparative study of strategic petroleum reserve policies of major countries in the world

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  • Zhang, Lei

Abstract

Petroleum security is the guarantee of national security that plays an important role in national energy security, while petroleum strategic reserve is the most basic guarantee of national petroleum security. At present, the number of selected countries in the study of petroleum strategic reserves is insufficient, as there are too much vertical comparison and the horizontal comparison analysis is not enough. Based on this, on the basis of comparing the strategic petroleum reserves of major countries in the world in terms of storage methods, address selection, policy formulation, management system and utilization mechanism, this paper conducts longitudinal comparison and horizontal comparative analysis and research, trying to find out their common policy characteristics and advantages from different strategic petroleum reserve policies, modes and practices of various countries, and carries out eliminating the rough and learning from the strong. The experience gained can be used for reference by other countries.

Suggested Citation

  • Zhang, Lei, 2024. "A comparative study of strategic petroleum reserve policies of major countries in the world," Energy Policy, Elsevier, vol. 195(C).
    • Handle: RePEc:eee:enepol:v:195:y:2024:i:c:s0301421524003823
    DOI: 10.1016/j.enpol.2024.114362
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    More about this item

    Keywords

    Strategic petroleum reserve; Reserve policy; Vertical and horizontal comparison;
    All these keywords.

    JEL classification:

    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

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