The Implications for Future Contingency Planning of the 1979 Gasoline Shortage

  • Leslie E. Grayson
  • Robert K. Morris
Part of the Advanced Studies in Theoretical and Applied Econometrics book series (ASTA, volume 17)


This paper examines the origins and management of the 1979 oil crisis in search of policy implications for the next oil shortage. Deliveries of gasoline were insufficient to meet demand during the first eight months of 1979; gasoline represented half of all refinery output.1


International Energy Agency Historical Level Vehicle Travel Motor Gasoline World Stock 
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Copyright information

© Kluwer Academic Publishers 1989

Authors and Affiliations

  • Leslie E. Grayson
    • 1
  • Robert K. Morris
    • 2
  1. 1.University of VirginiaUSA
  2. 2.Rochester Telephone CompanyUSA

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