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E-book

Title Imported oil and U.S. national security / Keith Crane [and others]
Published Santa Monica, CA : RAND, 2009

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Description 1 online resource (xxiv, 101 pages) : color illustrations, color map
Series RAND Corporation monograph series
Rand Corporation monograph series.
Contents Introduction -- Oil markets and U.S. national security -- Oil as a foreign policy instrument -- Oil revenues, rogue states, and terrorist groups -- Incremental costs for U.S. forces to secure the supply and transit of oil from the Persian Gulf -- Policy options to address U.S. national security concerns linked to imported oil
Summary Assesses economic, political, and military concerns arising from the United States' dependence on foreign oil
In 2007, on a net basis, the United States imported 58 percent of the oil it consumed. This book critically evaluates commonly suggested links between these oil imports and U.S. national security. The major risk to the United States posed by reliance on oil is the economic costs of a major disruption in global oil supplies. On the other hand, the study found no evidence that oil exporters have been able to use embargoes or threats of embargoes to achieve key political and foreign policy goals. Oil revenues are irrelevant for terrorist groups' ability to launch attacks. The study also assesses the economic, political, and military costs and benefits of potential policies to alleviate challenges to U.S. national security linked to imported oil. Of these measures, the adoption of the following energy policies by the U.S. government would most effectively reduce the costs to U.S. national security of importing oil: (1) Support well-functioning oil markets and refrain from imposing price controls or rationing during times of severe disruptions in supply. (2) Initiate a high-level review of prohibitions on exploring and developing new oil fields in restricted areas in order to provide policymakers and stakeholders with up-to-date and unbiased information on both economic benefits and environmental risks from relaxing those restrictions. (3) Ensure that licensing and permitting procedures and environmental standards for developing and producing oil and oil substitutes are clear, efficient, balanced in addressing both costs and benefits, and transparent. (4) Impose an excise tax on oil to increase fuel economy and soften growth in demand for oil. (5) Provide more U.S. government funding for research on improving the efficiency with which the U.S. economy uses oil and competing forms of energy.--Publisher description
Notes Title from PDF title page (viewed May 11, 2009)
"Sponsored by the Institute for 21st Century Energy, U.S. Chamber of Commerce."
Bibliography Includes bibliographical references (pages 93-103)
Issuing Body Issued by: RAND Infrastructure, Safety, and Environment and National Security Research Division
Subject Petroleum industry and trade -- United States.
Petroleum industry and trade -- Government policy -- United States
National security -- United States.
BUSINESS & ECONOMICS -- International -- Marketing.
POLITICAL SCIENCE -- International Relations -- Trade & Tariffs.
BUSINESS & ECONOMICS -- International -- General.
BUSINESS & ECONOMICS -- Exports & Imports.
POLITICAL SCIENCE -- Public Policy -- Environmental Policy.
National security
Petroleum industry and trade
Petroleum industry and trade -- Government policy
oil -- natural security -- USA.
United States
Form Electronic book
Author Crane, Keith, 1953-
Rand Corporation.
Rand Corporation. National Security Research Division.
Rand Infrastructure, Safety, and Environment (Organization)
Chamber of Commerce of the United States of America. Institute for 21st Century Energy
ISBN 9780833047236
083304723X
1282282697
9781282282698
Other Titles Imported oil and US national security
Imported oil and United States national security