IDEAS home Printed from https://ideas.repec.org/a/wly/jpamgt/v3y1984i3p393-405.html
   My bibliography  Save this article

The continuing threat of oil supply interruptions

Author

Listed:
  • John Weyant

Abstract

The reaction of oil-importing nations to the energy crisis of the 1970s offers insight into a common characteristic of government behavior. Nations often fail to prepare themselves for potentially disastrous crises even when the probability of crisis seems high. Policymakers seem unwilling to confront the fact, for instance, that the oil glut does not insulate importing nations against sudden interruptions in supply. In any case, the glut will very likely have evaporated by 1990, when U.S. vulnerability will be sharply intensified. Despite the favorable opportunities for stockpiling and planning during the glut, the political process appears unable to respond.

Suggested Citation

  • John Weyant, 1984. "The continuing threat of oil supply interruptions," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 3(3), pages 393-405.
  • Handle: RePEc:wly:jpamgt:v:3:y:1984:i:3:p:393-405
    DOI: 10.1002/pam.4050030305
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1002/pam.4050030305
    File Function: Link to full text; subscription required
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Barrera, Carlos, 2010. "¿Respuesta asimétrica de precios domésticos de combustibles ante choques en el WTI?," Working Papers 2010-016, Banco Central de Reserva del Perú.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:jpamgt:v:3:y:1984:i:3:p:393-405. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: http://www3.interscience.wiley.com/journal/34787/home .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.