Energy Security, Oil Shocks and the Strategic Petroleum Reserve (SPR)
Principal Objectives of the Project
(Oil Fires, Oil Wells, and the Defense of Oil)
The work in this area includes:
- Studies of Strategic Petroleum Reserve size and drawdown policies.
- Reviews of the macroeconomic costs of oil price disruptions.
- Studies of the social costs of oil use and imports.
Documentation and Reports
Oil and Energy Security
- NEW: Oil Independence-Realistic Goal or Empty Slogan? David L. Greene and Paul N. Leiby, March, 2007. (HTML format)
- The Oil Security Metrics Model: A Tool for Evaluating the Prospective Oil Security Benefits of DOE’s Energy Efficiency and Renewable Energy R&D Programs, David L. Greene and Paul N. Leiby, ORNL, May 2006. (Adobe Acrobat format
Oil Imports Costs and Benefits
- NEW: Estimating the Energy Security Benefits of Reduced U.S. Oil Imports, Paul N. Leiby, Feb. 2007, ORNL-TM-2007-028 (Adobe Acrobat format 463K)
- Oil Imports: An Assessment of Benefits and Costs, Paul Leiby, Donald W. Jones, T. Randall Curlee and Russell Lee, ORNL-6851, November 1, 1997. (Adobe Acrobat format, 360K).
- The Outlook for U.S. Oil Dependence, David L. Greene (Center for Transportation Analysis), Donald W. Jones, and Paul N. Leiby (Energy and Global Change Analysis), Oak Ridge National Laboratory, ORNL-6873, May 11, 1995. (Adobe Acrobat format, 262K)
Macroeconomic Cost of Oil Price Shocks
- Oil Price Shocks and the Macroeconomy: What has Been Learned Since 1996, Donald W. Jones and Paul N. Leiby and Inja Paik, Forthcoming, The Energy Journal, January 5, 1996, Revised Draft, June 25 2003. (Adobe Acrobat format, 80K)
- The Macroeconomic Impacts of Oil Price Shocks: A Review of Literature and Issues, Donald W. Jones and Paul N. Leiby, Energy Division, Oak Ridge National Laboratory, January 5, 1996, DRAFT. (Adobe Acrobat format, 225K)
- The Findings of the DOE Workshop on Economic Vulnerability to Oil Price Shocks: Summary and Integration With Previous Knowledge," Donald W. Jones, David J. Bjornstad, and Paul N. Leiby, Energy Division, Oak Ridge National Laboratory, September 5, 1997. (Adobe Acrobat format, 235K).
- Donald W. Jones, Paul N. Leiby, and Inja K. Paik, 2002. "Oil Price Shocks and the Macroeconomy: What Has Been Learned since 1996," Proceedings of the 25th Annual IAEE International Conference, June 26-29, Aberdeen, Scotland.
Strategic Petroleum Reserves
- Paul N. Leiby, David Bowman, and Donald W. Jones, 2002. "Improving Energy Security Through an International Cooperative Approach to Emergency Oil Stockpiling," Proceedings of the 25th Annual IAEE International Conference, June 26-29, Aberdeen, Scotland.
- "The Value of Expanded SPR Drawdown Capability," Final Report, Draft 2, Paul Leiby and David Bowman, Oak Ridge National Laboratory October 18, 2000. (Adobe Acrobat format, 250K)
- "The Value of Expanding the U.S. Strategic Petroleum Reserve," Paul N. Leiby and David Bowman, Oak Ridge National Laboratory, ORNL/TM-2000/179, January 23, 2000. (Adobe Acrobat format, 157K)
- SPR Draw-Rate Capability Benefits Analysis, Paul N. Leiby, David Bowman, and Donald W. Jones, Energy Division, Oak Ridge National Laboratory, October 22, 1997. (Adobe Acrobat format, 239K)
- "The Value of Expanding Asian Pacific Strategic Oil Stocks," Paul N. Leiby and David Bowman, Energy Division, Oak Ridge National Laboratory, ORNL-1999/39, January 23, 2000. (Adobe Acrobat format, 142K)
- "Strategic Oil Stocks in the APEC Region," Inja Paik, Paul Leiby, Donald Jones, Keiichi Yokobori, and David Bowman, Proceedings of the 22nd IAEE Annual International Conference, International Association for Energy Economists, Rome, Italy, 9-12 June, 1999. (Adobe Acrobat format, 39K)
- Emergency Oil Stocks and APEC Energy Security, Interim Report Chapter 7. Evaluation of APEC Emergency Stock Size, Draft, Paul N. Leiby and David Bowman, Oak Ridge National Laboratory Draft, February 3, 1999. (Adobe Acrobat format, 220K).
- Emergency Oil Stocks and APEC Energy Security, Interim Report Appendix A1. Detailed documentation of the model"DIS-Risk," APEC Version, Draft, Paul N. Leiby and David Bowman, Oak Ridge National Laboratory Draft, January 27, 1999. (Adobe Acrobat format, 97K).
- Planning APEC Strategic Oil Reserves: Assessment of Efficient Stock Sizes, Presentation to APERC Annual Conference, 1999, Paul N. Leiby and David Bowman, Oak Ridge National Laboratory Draft, February 18, 1999. (Adobe Acrobat format, 500K).
For more information, contact:
Paul Leiby (leibypn@ornl.gov, 865-574-7720)
