Oil Shockwave

Oil Shockwave

The Oil Shockwave event was a policy wargaming scenario created by the joint effort of several energy policy think tanks, the National Commission on Energy Policy and Securing America's Future Energy.[1] It outlined a series of hypothetical international events taking place in December 2005, all related to world supply and demand of petroleum. Participants in the scenario role-played Presidential Cabinet officials, who were asked to discuss and respond to the events. The hypothetical events included civil unrest in OPEC country Nigeria, and coordinated terrorist attacks on ports in Saudi Arabia and Alaska. In the original simulation, the participants had all previously held jobs closely related to their roles in the exercise.

Jason Grumet, from the National Commission on Energy Policy, said that the message of the simulation was that, "very modest disruptions in oil supply, whether they're here at home or abroad can have truly devastating impacts on our nations economy and our overall security."

Contents

Details of the scenario

The original event was performed June 23, 2005, and was a simulation of December 2005, six months in the future. The first scenario involved civil unrest in Nigeria, a member of the Organization of Petroleum Exporting Countries, resulting in oil companies and the US government evacuating their personnel from the country. In the simulation, this led to decrease in oil supply and the price spikes causing a variety of negative effects on the United States economy.

More events followed as the scenario progressed, including a very cold winter in the Northern hemisphere, terrorist attacks on Saudi Arabian and Alaskan oil ports, and Al-Qaeda cells hijacking oil tankers and crashing them into the docking facilities at the ports (which might effectively shut down such port for weeks, if not months).

The scenarios were set up with pre-produced scripted news clips. Participants were also given briefing memos with background information related to their specific cabinet positions. The participants discussed and prepared policy recommendations for an unseen Chief Executive after each part of the scenario.

Original participants

The original event was a one-time exercise and used participants that held positions that were identical or closely related to their positions in the simulation. Participants included former administrator of the Environmental Protection Agency Carol Browner, former Director of Central Intelligence Robert Gates, former Marine Corps Commendant and member of the Joint Chiefs of Staff General P.X. Kelley USMC (Ret.), and former National Economic Advisor to the President, Gene Sperling.[2]

References

External links


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Oil Slick — es un personaje de ficcion de la serie Transformers Animated, El es un Decepticon que pertenece al Equipo Chaar. Historia Oil Slick es un miembro del Equipo Chaar. Su caracter es extremadamente agresivo no tiene compasion de nadie el solo ataca y …   Wikipedia Español

  • Peak oil — A logistic distribution shaped production curve, as originally suggested by M. King Hubbert in 1956 …   Wikipedia

  • Extracorporeal shockwave therapy — Intervention ICD 10 PCS 6A93 Extracorporeal Shockwave Therapy or ESWT is a method of treatment for multiple tendonopathies. Presently this technology is only approved in the US by the Food and Drug Administration (FDA) for treatment of plantar… …   Wikipedia

  • Castor oil — is a vegetable oil obtained from the castor bean (technically castor seed as the castor plant, Ricinus communis , is not a member of the bean family). Castor oil (CAS number 8001 79 4) is a colorless to very pale yellow liquid with mild or no… …   Wikipedia

  • 2005 Hertfordshire Oil Storage Terminal fire — {| Location map|Hertfordshire label= background=white lat= 51.764 long= 0.424 caption=Hemel Hempstead in Hertfordshire float=right width=195The 2005 Hertfordshire Oil Storage Terminal fire was caused by a series of explosions early on the morning …   Wikipedia

  • Petroleum politics — Argentine president Néstor Kirchner and Venezuelan President Hugo Chávez discuss the Gran Gasoducto del Suran energy and trade integration project for South America. They met on November 21, 2005 in Venezuela. Petroleum politics have been an… …   Wikipedia

  • Energy security — is a term for an association between national security and the availability of natural resources for energy consumption. Access to cheap energy has become essential to the functioning of modern economies. However, the uneven distribution of… …   Wikipedia

  • Components of jet engines — Diagram of a typical gas turbine jet engine. Air is compressed by the fan blades as it enters the engine, and it is mixed and burned with fuel in the combustion section. The hot exhaust gases provide forward thrust and turn the turbines which… …   Wikipedia

  • Scourge (Transformers) — Scourge is the name of several fictional characters from the Transformers series. He first appeared as one of the central villains in the 1986 film The Transformers, voiced by Stan Jones. He also regularly appeared in the animated Transformers… …   Wikipedia

  • Witwicky family — The Witwicky family members are fictional characters from the Transformers universes, and are the closest human allies of the Autobots. Contents 1 Archibald Witwicky 2 Buster Witwicky …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”