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An Integrated Analysis of U.S. Oil Security Policies

Author

Listed:
  • Frederic H. Murphy
  • Michael A. Toman
  • Howard J. Weiss

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.

Suggested Citation

  • Frederic H. Murphy & Michael A. Toman & Howard J. Weiss, 1986. "An Integrated Analysis of U.S. Oil Security Policies," The Energy Journal, , vol. 7(3), pages 67-82, July.
    • Handle: RePEc:sae:enejou:v:7:y:1986:i:3:p:67-82
    DOI: 10.5547/ISSN0195-6574-EJ-Vol7-No3-5
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    References listed on IDEAS

    as
    1. Brian D. Wright & Jeffrey C. Williams, 1982. "The Roles of Public and Private Storage in Managing Oil Import Disruptions," Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 341-353, Autumn.
    2. Murphy, Frederick H. & Toman, Michael A. & Weiss, Howard J., 1985. "International cooperation in stockpiles and tariffs for coping with oil supply disruptions," Journal of Policy Modeling, Elsevier, vol. 7(4), pages 649-672.
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    Citations

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    Cited by:

    1. Murphy, Frederic & Oliveira, Fernando S., 2013. "Pricing option contracts on the strategic petroleum reserve," Energy Economics, Elsevier, vol. 40(C), pages 242-250.
    2. Bai, Yang & Dahl, Carol, 2018. "Evaluating the management of U.S. Strategic Petroleum Reserve during oil disruptions," Energy Policy, Elsevier, vol. 117(C), pages 25-38.
    3. Murphy, Frederic & Oliveira, Fernando S., 2010. "Developing a market-based approach to managing the US strategic petroleum reserve," European Journal of Operational Research, Elsevier, vol. 206(2), pages 488-495, October.

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    More about this item

    Keywords

    Energy security; Oil policy; US; oil suppy shocks;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General

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