A Guide for Retail Gasoline Pricing PDF Download

Author: United States. Federal Energy Administration
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 12

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Author: United States. Federal Energy Administration
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 0

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Author: United States. Federal Energy Administration
Publisher:
ISBN:
Category : Propane
Languages : en
Pages : 13

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Author: Alex Maurizi
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 92

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Author: Daniel Hosken
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 49

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Author: Federal Trade Federal Trade Commission
Publisher: CreateSpace
ISBN: 9781502494191
Category :
Languages : en
Pages : 60

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We examine retail gasoline station pricing using three years of weekly prices for 272 stations in the Virginia suburbs of Washington, DC. We report a number of new empirical findings about station level pricing and describe how these findings relate to existing models of retail pricing. First, we find retail margins change substantially over time (by more than 50%) while the shape of the margin distribution remains relatively constant. Second, the distribution of retail gasoline prices has relatively thick tails. Third, stations frequently change their relative prices and margins. Fourth, there is substantial heterogeneity in pricing behavior: stations charging very low or high prices are more likely to maintain their pricing position than stations charging prices near the mean, even when controlling for permanent differences in marginal costs.

Author: Carlos Hurtado
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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This paper characterizes fueling stations' pricing strategies to study price differentials within retail gasoline markets. We use a unique dataset with stations' locations and daily gasoline prices in the major cities of the continental U.S. to classify cycler and non-cycler stations. We exploit station-level variability in pricing behavior within retail gasoline markets to show that cyclers charge about 4¢ lower gasoline prices than non-cyclers, on average. Additionally, we confirm an almost biweekly duration of the station-level cycling behavior. Finally, we provide evidence of consumer search to explain the intra-market pricing strategy heterogeneity.

Author: Mr.Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1475567774
Category : Business & Economics
Languages : en
Pages : 32

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This paper assesses the dynamic pass-through of crude oil price shocks to retail fuel prices using a novel database on monthly retail fuel prices for 162 countries. The impulse response functions suggest that on average, a one cent increase in crude oil prices per liter translates into a 1.2 cent increase in the retail gasoline price at peak level six months after the shock. However, the estimates vary significantly across country groups, ranging from about 0.5 cent in MENA countries to two cents in advanced economies. The results also show that positive oil price shocks have a larger impact than negative price shocks on the retail gasoline price. Finally, the paper underscores the importance of the new dataset in refining estimates of the fiscal cost of incomplete pass-through.

Author: United States
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 96

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Author:
Publisher: DIANE Publishing
ISBN: 1428950044
Category : Gasoline
Languages : en
Pages : 166

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