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Will oil markets tighten again. A survey of policies to manage possible oil suppy disruptions

Journal Article · · J. Policy Model.; (United States)
The effects of an oil supply disruption on the US economy are analyzed along with the various policy options. Part of the analysis is based on a computerized model of the US economy and the world oil market. Micro as well as macroeconomic issues are considered. The paper argues against the use of price controls and allocations and also against a disruption tariff used as a stand-alone measure. It advocates the use of some stabilizing macroeconomic measures and a temporary producer tax similar to the windfall profits tax. 24 references, 4 tables.
Research Organization:
Stanford Univ., CA
OSTI ID:
7075605
Journal Information:
J. Policy Model.; (United States), Journal Name: J. Policy Model.; (United States) Vol. 6:1; ISSN JPMOD
Country of Publication:
United States
Language:
English