Accounts Quote by Claude Mandil
“The IEA member countries will exercise flexibility in re-establishing their emergency stock levels through 2006, noting the need to take into account seasonal demand and the possibility of higher than expected refinery maintenance.”
About This Quote
Source Report: International Energy Agency Outlook, 2005
Countries will adjust emergency fuel reserves flexibly, considering seasonal demand and possible refinery outages.
In simple terms: Adjust fuel reserves based on demand and maintenance.
Plan adaptable stockpiles.
Themes
Mood
Type
When to use this quote
- government planning
- energy security
- refinery maintenance
- seasonal demand
Key Concepts
Questions to Reflect On
- How can stockpiles be balanced with cost?
- What indicators signal needed adjustments?
May overlook sudden geopolitical shocks.