Is Energy Security a Symmetric Concern?
Article from: OGEL 4 (2007), in Energy Security
Introduction
When confronted with oil importers' anxieties about security of supply, spokespersons for major oil exporting countries sometimes express reciprocal nervousness about "security of demand", implying that security is a symmetric concern. If security concerns are indeed symmetric, mutually reassuring solutions should be feasible. The extent of symmetry (or asymmetry) is therefore worth exploring. Energy security, as seen by producers and consumers, spans a multitude of dangers. From both perspectives, perceived threats range from physical interruptions to price volatility, and include ...