Oil Security Short- and Long-Term Policies

作者: Valeria Costantini , Francesco Gracceva

DOI: 10.2139/SSRN.593762

关键词:

摘要: Increasing oil security represents one of the most important policy actions, especially within IEA countries. Short and long term mechanisms could help such goal. On short side, revision emergency response stock system has been discussed. The attention is mainly focused on three issues: high costs management for private industries, possible use strategic reserves to smooth price when no supply disruption taken, extension non-OECD main actions specifically proposed by European Commission are: an harmonisation national storage systems, with institution public agency, a wider co-ordinated stocks, increase in physical amount stocks. Long measures enhancing can be seen demand-side supply-side. Main policies following: energy saving efficiency, investments research technology, reduction inelasticity transport sector. supply-side summarized into co-operation institutional promotion diversification suppliers/routes. factors that affect described liberalization international trade even sector increasing role demand from developing

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