High Cost of Gasoline and Other Petroleum Products PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download High Cost of Gasoline and Other Petroleum Products PDF full book. Access full book title High Cost of Gasoline and Other Petroleum Products by United States. Congress. Senate. Committee on Manufactures. Download full books in PDF and EPUB format.
Author: United States. Congress. Senate. Committee on Manufactures
Publisher:
ISBN:
Category : Petroleum products
Languages : en
Pages : 1864
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Manufactures
Publisher:
ISBN:
Category : Petroleum products
Languages : en
Pages : 1864
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Manufactures
Publisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 912
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Manufactures
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 958
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Author: United States. Congress. Senate
Publisher:
ISBN:
Category :
Languages : en
Pages : 1769
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Manufactures
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Terry H. Morlan
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 72
Get Book Here
Book Description
Research results for short-term and long-term petroleum elasticities are summarized, and existing Energy Information Administration (EIA) models of energy demand are used to develop estimates of price response for 1-, 3-, 5-, and 10-year intervals. In the short-run, elasticities reported for most petroleum products in most end-uses generally range from -.1 to -.4 although the numerous research estimates for gasoline demand elasticity are clustered in the more elastic range of -.1 to -.3. EIA models used in this analysis fall within these ranges and tend toward the higher (in absolute terms) end of the elasticity range. In transportation uses, for which most of the research has centered on gasoline, petroleum demand has been shown to be less responsive to price than the other sectors, with long-term gasoline estimates generally falling in the range of -.3 to -.9. In investigating the price sensitivity for periods up to 10 years using the EIA Demand Analysis System, petroleum product elasticities in all sectors are typically between -.4 and -.1. For automobile gasoline demand, the greatest proportion of the 10-year price response is manifested in increased cutbacks in travel. The model studies show that, given continued increases in the price of oil, the proportion of consumer budgets as well as industrial production costs allocated for petroleum products will increase; that petroleum prices will be volatile in instances of temporary oil shortages; and that market forces can achieve long-term conservation of petroleum, but at the cost of greater proportional increases in oil prices.
Author: United States. Congress. Senate. Committee on Manufactures
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages :
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Manufactures
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 0
Get Book Here
Book Description
