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Report/Paper: White paper: Future Oil Supply Uncertainty and Metro
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Published 16 April 2006 by Metro (Portland, Oregon regional government) (original article)

This policy White Paper explores how Metro (the elected regional government of the Portland, Oregon metropolitan area) may approach the possibility of future uncertainty in the supply and price of oil. It identifies future oil supply uncertainty as a timely risk management issue, and establishes a basis for the Metro Council to consider possible policy and program responses.

Published 16 April 2006 by Metro (Portland, Oregon regional government), http://www.metro-region.org/article.cfm?articleid=18951

» Download the paper. (PDF, 590KB)

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Councilor Rex Burkholder
Metro
600 Northeast Grand Avenue
Portland, Oregon 97232-2736

May 9, 2006

Re: Future Oil Supply Uncertainty white paper

Dear Colleague:

The rising demand and declining supply of oil will likely have tremendous impacts on land use and transportation planning efforts in the Portland region for decades to come.

This will be an issue of ongoing concern to Metro as we work with the public, businesses and other governments to shape regional transportation planning and growth management policies. Increasing volatility in oil prices could have serious effects on every industry, from health care to agriculture to high technology, and it may impact citizens’ commuting options, home heating sources, and other uses of oil as well.

At my request, Metro policy staff developed the attached white paper (also available online at http://www.metro-region.org/article.cfm?ArticleID=18966) which outlines some of the policy challenges and opportunities the region faces if we wish to maintain our quality of life in the face of a more unstable and more expensive supply of oil. The white paper discusses how Metro may respond to future uncertainty in the supply and price of oil. It identifies oil supply uncertainty as a timely risk management issue and establishes a basis for the Metro Council to consider possible policy and program responses.

How we as a region respond through our transportation and land use policies to the growing uncertainty in the supply and cost of oil will have a direct impact on our economy and quality of life for many years to come. It is our hope that governments and organizations in the region will work together to identify and implement the best responses to this significant and complex issue.

Sincerely,

Rex Burkholder
Metro Councilor, District 5

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