This paper discusses the design and development of the Open Source Energy Modeling System (OSeMOSYS). It describes the model's formulation in terms of a 'plain English' description, algebraic formulation, implementation'in terms of its full source code, as well as a detailed description of the...

World oil supply disruptions lead to U.S. economic losses. Because oil is fungible in an integrated world oil market, increased oil consumption, whether from domestic or imported sources, increases the economic losses associated with oil supply disruptions. Nevertheless, increased U.S. oil...

The complexity of the world oil market has increased dramatically in recent years and new approaches are needed to understand, model, and forecast oil prices today. In addition to the commencement of the financialization era in oil markets, there have been structural changes in the global oil...