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Policy Implications of Energy Vulnerability

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  • James L. Plummer

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.

Suggested Citation

  • James L. Plummer, 1981. "Policy Implications of Energy Vulnerability," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 25-36.
    • Handle: RePEc:aen:journl:1981v02-02-a02
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    Cited by:

    1. van der Vleuten, Erik & Lagendijk, Vincent, 2010. "Transnational infrastructure vulnerability: The historical shaping of the 2006 European "Blackout"," Energy Policy, Elsevier, vol. 38(4), pages 2042-2052, April.

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    JEL classification:

    • F0 - International Economics - - General

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