oil scenario vulnerability
DESCRIPTION
Oil model price shock model for estimating the impacts on purchasing power of various global events.TRANSCRIPT
Oil Price Shock Scenarios
This map shows the baseline vulnerability index for the model, a metric based on the ratio of foreign oil dependency to domestic oil stocks. The higher the
value, the greater the vulnerability to import shocks.
This map shows the baseline vulnerability index for the model, a metric based on the ratio of foreign oil dependency to domestic oil stocks. The higher the
value, the greater the vulnerability to import shocks.
In the event of a Russian invasion of the Ukraine, Europe would take the hardest hit in reduction of purchasing power. The Netherlands, Belgium, and Sweden are particularly hard
hit
A loss of Iranian oil would have the largest impact on purchasing power in South East Asia, particularly in Japan.
Large reductions in purchasing power from a stoppage of Venezuelan oil is most strongly felt in the Caribbean, Central and South America.
A price shock to Nigerian oil is felt throughout the global market, but most significantly in the Caribbean, the Netherlands, Sweden, and China
Supporting Tables
Ranking by Dependency
on Venezuelan Oil
2008 Purchasing Power
Parity (PPP)
Ranking by Dependency
on Iranian Oil
2008 Purchasing
Power Parity (PPP)
Ranking by Dependency
on Russian Oil
2008 Purchasing
Power Parity (PPP)
Ranking by Dependency
on Nigerian Oil
2008 Purchasing
Power Parity (PPP)
El Salvador $35,970,000,000
Costa Rica $35,970,000,000
Puerto Rico $77,410,000,000
Guatemala $67,450,000,000
Honduras $15,820,000,000
Nicaragua $18,170,000,000
Brazil $1,838,000,000,000
USA $13,860,000,000,000
Canada $1,274,000,000,000
China $7,043,000,000,000
Argentina $523,700,000,000
Mexico $1,353,000,000,000
UK $2,147,000,000,000 Mexico
Argentina
Guatemala
Honduras
Nicaragua
Brazil
India $2,965,000,000,000
Japan
India
China
UK
Canada
El Salvador
Japan $4,305,000,000,000
USA
$4,305,000,000,000
$2,965,000,000,000
$7,043,000,000,000
$2,147,000,000,000
$1,274,000,000,000
$35,970,000,000
$35,970,000,000Costa Rica
Puerto Rico $77,410,000,000
$67,450,000,000
$15,820,000,000
$18,170,000,000
$1,838,000,000,000
$1,353,000,000,000
$523,700,000,000
$13,860,000,000,000
UK
China
Japan
$18,170,000,000
USA
Canada
India
$2,147,000,000,000
Brazil
Argentina
El Salvador
Costa Rica
Puerto Rico
Guatemala
Mexico
$2,147,000,000,000
$7,043,000,000,000
$4,305,000,000,000
$13,860,000,000,000
$1,274,000,000,000
$2,965,000,000,000
$35,970,000,000
Honduras
Nicaragua
$35,970,000,000
$1,353,000,000,000
$523,700,000,000
$1,838,000,000,000
$18,170,000,000
$15,820,000,000
$67,450,000,000
$77,410,000,000
China
El Salvador
Canada
Costa Rica
Puerto Rico
Guatemala
Honduras
USA
Brazil
Japan
Argentina
UK
Nicaragua
Mexico
$7,043,000,000,000
$35,970,000,000
$1,274,000,000,000
$35,970,000,000
$77,410,000,000
$67,450,000,000
$15,820,000,000
$13,860,000,000,000
India
$523,700,000,000
$1,353,000,000,000
$2,965,000,000,000
$1,838,000,000,000
$4,305,000,000,000