The IEA Oil-Sharing Plan: Who Shares with Whom?

The United States and twenty other countries are all members of the International Energy Agency (TEA). The members' have an agreement which requires' them to share their oil with each other if the oil supplies to the members fall substantially. Both the formula for allocating oil among members and the size of the reduction in oil supplies that triggers the sharing formula are predetermined.

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Year of publication:	1987
Authors:	Henderson, David R.
Published in:	The Energy Journal. - International Association for Energy Economics - IAEE, ISSN 0195-6574. - Vol. Volume 8.1987, Number 4, p. 23-31
Publisher:	International Association for Energy Economics - IAEE

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Extent:	text/html
Type of publication:	Article
Classification:	F0 - International Economics. General
Source:	RePEc - Research Papers in Economics

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