Policies for oil importers. [Monograph]
A tendency to avoid confrontations with exporters causes oil importers to miss opportunities for cooperation. The need for policymakers to seek long-run alternative energy sources to replace those that drain wealth from their country is often blurred with the need to prepare for sudden disruptions of oil imports. The author feels that new cooperative strategies could reverse some of this tendency by confronting vulnerability and building a resilient international framework balanced by stabilizing efforts in the Persian Gulf to ensure supply security. He notes that importers need to acknowledge and consolidate their strengths to take collective action. An agenda, beginning with a restructuring of the International Energy Agency, should move to demonstrate its commitment to a secure market. Strategies for meeting supply disruptions include several moves to restrict demand, expand supply, and manage the macroeconomic market. The agenda concludes with long-run economic adjustments and military and diplomatic options. 20 references, 1 table. (DCK)
- OSTI ID:
- 6796448
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
ADVERSARIES
COOPERATION
ENERGY POLICY
GOVERNMENT POLICIES
INTERNATIONAL COOPERATION
MARKET
OIL-IMPORTING COUNTRIES
SUPPLY DISRUPTION