Posts Tagged ‘Jevons Paradox’

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    Would You Use the Strategic Petroleum Reserve?

    Mar 10, 11 • 79 Views • Demand, Supply, and Markets, Economic Debates, Economic History, Environment, International Trade and Finance, RegulationNo Comments

    I am not sure what a giant salt cave is and cannot quite imagine 727 million barrels of oil. But, put them together and you have our Strategic Petroleum Reserve.  Concerned with supply disruptions after an OPEC embargo during the 1970s, Congress...