Preface. 1. Introduction. 2. Basic Economic Concepts. 3. Empirical Evidence on Energy Security Externalities. 4. Empirical Measures of Oil Security Premiums. 5. Changes in the Efficiency and Stability of the World Oil Market. 6. Applications of Energy Security Externalities to Electricity Policy. 7. Applications of Energy Security Externalities to Transportation Policy. 8. Implications for Energy Policy. References. Name Index. Subject Index. List of Figures. List of Tables.