Policy Implications of Energy Vulnerability

James L. Plummer

The Energy Journal, 1981, vol. 2, issue 2, 25-36

Abstract: The research of the Energy Vulnerability Modeling Project has concluded that the oil stockpile premium probably lies in the range of $20 to $40 per barrel, and the oil import reduction premium in the range of $5 to $20 per barrel. ENERGY POLICY VS. OIL POLICY Since the price of oil Btu's is three to four times the price of coal Btu's, energy Btu's are definitely "not created equal." If an oil import reduction premium of $5 to $20 is added on top of the price of domestic oil, the inequality grows much larger.

Keywords: Energy policy; Energy vulnerability; Price shocks (search for similar items in EconPapers)
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:2:y:1981:i:2:p:25-36

DOI: 10.5547/ISSN0195-6574-EJ-Vol2-No2-2

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