Empirical analysis of optimal strategic petroleum reserve in China
YM Wei, G Wu, Y Fan, LC Liu - Energy Economics, 2008 - Elsevier
The Chinese government began to prepare for the establishment of strategic petroleum
reserve in March 2004. Therefore, answering the question of what level of strategic …
reserve in March 2004. Therefore, answering the question of what level of strategic …
A model based on stochastic dynamic programming for determining China's optimal strategic petroleum reserve policy
China's Strategic Petroleum Reserve (SPR) is currently being prepared. But how large the
optimal stockpile size for China should be, what the best acquisition strategies are, how to …
optimal stockpile size for China should be, what the best acquisition strategies are, how to …
The effect of an SPR on the oil price in China: a system dynamics approach
JL Jiao, KY Han, G Wu, LL Li, YM Wei - Applied Energy, 2014 - Elsevier
This paper builds a system dynamics model to simulate the effect of China's strategic
petroleum reserve (SPR) on stabilizing the domestic oil price. By setting the sensitivity of the …
petroleum reserve (SPR) on stabilizing the domestic oil price. By setting the sensitivity of the …
Strategic oil stockpiling for energy security: The case of China and India
Compared with the developed countries, the developing countries could be more vulnerable
to oil supply disruptions due to their lack of strategic petroleum reserves (SPRs). Several …
to oil supply disruptions due to their lack of strategic petroleum reserves (SPRs). Several …
An empirical analysis of the dynamic programming model of stockpile acquisition strategies for China's strategic petroleum reserve
G Wu, Y Fan, LC Liu, YM Wei - Energy Policy, 2008 - Elsevier
The world's future oil price is affected by many factors. The challenge, therefore, is how to
select optimal stockpile acquisition strategies to minimize the cost of maintaining a reserve …
select optimal stockpile acquisition strategies to minimize the cost of maintaining a reserve …
Oil import tariff game for energy security: The case of China and India
This paper investigates the optimal quota/tariff polices for China and India, two of the biggest
developing countries who are facing the threat of possible oil supply disruptions, with taking …
developing countries who are facing the threat of possible oil supply disruptions, with taking …
Modelling the strategic petroleum reserves of China and India by a stochastic dynamic game
Y Fan, XB Zhang - Journal of Policy Modeling, 2010 - Elsevier
The energy security situations of many oil-consuming countries have become worse
because of greater uncertainty in the world market. This is especially true for developing …
because of greater uncertainty in the world market. This is especially true for developing …
Pricing option contracts on the strategic petroleum reserve
F Murphy, FS Oliveira - Energy economics, 2013 - Elsevier
In this article we examine the pricing of option contracts on the strategic petroleum reserve
(SPR) and consider how these can be used by both the government and refiners. We …
(SPR) and consider how these can be used by both the government and refiners. We …
Developing a market-based approach to managing the US strategic petroleum reserve
F Murphy, FS Oliveira - European journal of operational research, 2010 - Elsevier
The Strategic Petroleum Reserve has not been used effectively to manage the
consequences of oil shocks in the United States. The main reason is that political decision …
consequences of oil shocks in the United States. The main reason is that political decision …
考虑石油替代品和关税配额政策的石油储备模型研究
周德群, 孙立成, 万红 - 中国管理科学, 2010 - zgglkx.com
石油储备在国民经济的发展和国家经济安全中起着极为重要的作用, 文章构建了具有石油替代品
和关税配额政策影响的石油储备模型, 分析了石油替代品和关税配额政策对石油储备规模 …
和关税配额政策影响的石油储备模型, 分析了石油替代品和关税配额政策对石油储备规模 …