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ID120175
Title ProperEnduring resilience
Other Title Informationhow oil markets handle disruptions
LanguageENG
AuthorGholz, Eugene ;  Press, Daryl G
Publication2013.
Summary / Abstract (Note)Plentiful spare capacity persists in the oil production and tanker industries, contrary to Michael Levi's contention in his response to our earlier article, "Protecting 'The Prize.' " OPEC leaders retain excess capacity to minimize cartel members' cheating, and tanker companies retain considerable flexibility that allows them to adapt to political-military and other fluctuations in the market. Oil supplies are not on a knife-edge; exaggerated claims of energy vulnerability distort U.S. national security policy.
`In' analytical NoteSecurity Studies Vol. 22, No.1; Jan-Mar 2013: p.139-147
Journal SourceSecurity Studies Vol. 22, No.1; Jan-Mar 2013: p.139-147
Key WordsOil Production ;  Tanker Industries ;  OPEC ;  United States ;  National Security Policy ;  Oil Markets


 
 
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