Author: United States. Congress. Senate. Committee on Energy and Natural ResourcesPublisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 904
Book Description
Government Responses to Oil Supply Disruptions
Author: United States. Congress. Senate. Committee on Energy and Natural ResourcesPublisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 904
Book Description
The Distributional Implications of the Impact of Fuel Price Increases on Inflation
Author: Mr. Kangni R KpodarPublisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Oil Prices and the Global Economy
Author: Mr.Rabah ArezkiPublisher: International Monetary Fund
ISBN: 1475572360
Category : Business & Economics
Languages : en
Pages : 30
Book Description
This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, and endogenous demand responses. The model provides, inter alia, a useful analytical framework to explore the effects of: a change in world GDP growth; a change in the efficiency of oil usage; and a change in the supply of oil. Notwithstanding that shale oil production today is more responsive to prices than conventional oil, our analysis suggests that an era of prolonged low oil prices is likely to be followed by a period where oil prices overshoot their long-term upward trend.
The Price of Oil
Author: Bronwen ManbyPublisher: Human Rights Watch
ISBN: 9781564322258
Category : Political Science
Languages : en
Pages : 230
Book Description
Attempts to Import Weapons
China-Gulf Oil Cooperation Under the Belt and Road Initiative
Author: Tingting ZhangPublisher: Springer Nature
ISBN: 9811592837
Category : Political Science
Languages : en
Pages : 247
Book Description
This book not only discusses how to further deepen the oil cooperation relations between China and the Gulf Council Countries in the context of “the Belt and Road Initiative”, but also investigates how to ensure the security of the entire oil supply chain including oil supply, oil transportation channels, oil demand, and petroleum reserves in China. Further, it examines a novel, win-win oil cooperation between China and the GCC countries, known as joint oil stockpiling. The results presented offer guidance for similar energy cooperation between China and other energy producing countries and also provide a new perspective on how to improve the research on and understanding of China’s energy security issues and multi-lateral energy cooperation issues, making the book of particular interest to engineers and scientists in the field of energy, international relations, and oil stockpiling enterprises.
Benefits and Limitations of Economic Policy Responses to an Oil Supply Disruption
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 40
Book Description
Fossil Energy Update
Author: Energy Policy and Conservation Act
Author: United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Research, Development, Production, and RegulationPublisher:
ISBN:
Category : Law
Languages : en
Pages : 24
Book Description
Energy Abstracts for Policy Analysis
Author: Reauthorization of Expiring Energy Policy and Conservation Act Programs
Author: United States. Congress. House. Committee on Commerce. Subcommittee on Energy and PowerPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 36
Book Description