Title :
The import premium: Measuring the cost of imported oil
Author_Institution :
Stanford University
Abstract :
This paper presents the results of an investigation into the value of the oil import premium using nine different models of the world oil market. It begins by providing some motivation for study of the import premium and defining it, and briefly deriving the formula used to compute it. Results based on scenario runs from the oil market models are then presented, and their implications for policy in oil-importing countries are discussed.
Keywords :
Cost function; Energy measurement; Explosions; Geology; Insurance; Investments; Petroleum; Power engineering and energy;
Conference_Titel :
Decision and Control including the Symposium on Adaptive Processes, 1981 20th IEEE Conference on
Conference_Location :
San Diego, CA, USA
DOI :
10.1109/CDC.1981.269338
