Panel on Emerging Petroleum and Natural Gas Issues
Abstract
ENERGY SECURITY: What's it all about? CHURCHILL'S LAW: Safety and certainty in oil lie in variety and variety alone. THATCHER'S LAW: The unexpected happens. You had better prepare for it. PALMERSTON'S LAW: We have no eternal allies and no perpetual enemies. Our interests are perpetual and eternal. VULNERABILITY: Rise in import quantity and balance of payments/currency issues; Disruptions/market failures; Political turmoil; Prince spikes/market pressures; Homeland infrastructure. TRADITIONAL RESPONSES TO ENERGY SECURITY: Demand restraint; Supply diversity; Surge production; Strategic stocks; International co-operation/IEA; Flexible markets.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 30, 2009
- Accession Number
- ADA508663
Entities
People
- Adam Sieminski