Maritime choke points and the security of oil supplies from the Gulf: the economist's view
Article from: OGEL 4 (2007), in Energy Security
Introduction
Security of oil supplies is a multi-faceted issue: it relates to the availability of resources and production capacity, to the continuing willingness on the part of producers to supply importers, to the availability and reliability of logistics. Enhancing security of supply entails adopting policies which tackle all dimensions of the issue. The logistic aspects are frequently mentioned as a source of uncertainty, generally as part of a long list of other potentially disturbing factors, with the aim of convincing the reader that oil supplies are insecure and potentially vulnerable ...