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Working Paper
Energy security: a comparison of protectionist policies
Journal Article
Reducing U.S. oil-import dependence: a tariff, subsidy, or gasoline tax?
Low oil prices and rising oil imports have caused growing concern about U.S. vulnerability to oil-supply shocks. Mine K. Yucel and Carol Dahl devise a measure of vulnerability and use it to compare three policies that have been proposed to reduce U.S. vulnerability to oil-supply disruptions: a 25-percent oil-import tariff, a $5-per-barrel subsidy to domestic oil producers, and an increase in the gasoline tax from 9 cents to 25 cents per gallon. ; Yucel and Dahl find that the tariff would make the United States less vulnerable to disruptions. By increasing both consumer and producer prices, ...
Working Paper
Dynamic modeling and testing of OPEC behavior