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Working Paper
Energy security: a comparison of protectionist policies
Working Paper
Dynamic modeling and testing of OPEC behavior
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, ...