Issues in Domestic Petroleum Pricing in Oil-Producing Countries

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Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451856132
Total Pages : 31 pages
Book Rating : 4.8/5 (561 download)

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Book Synopsis Issues in Domestic Petroleum Pricing in Oil-Producing Countries by : Benedict J. Clements

Download or read book Issues in Domestic Petroleum Pricing in Oil-Producing Countries written by Benedict J. Clements and published by INTERNATIONAL MONETARY FUND. This book was released on 2002-08-01 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses issues relating to the domestic pricing of petroleum in oil-producing countries. It finds that in most major oil-exporting countries, government policies keep domestic prices below free-market levels, resulting in implicit subsidies that equaled 3.0 percent of GDP, on average, in 1999. Moreover, the paper argues, these petroleum subsidies are inefficient and inequitable-entailing substantial opportunity costs in terms of forgone revenue or productive spending-and also procyclical, complicating macroeconomic management. Nonetheless, the elimination of petroleum subsidies is often politically difficult, although countervailing measures and publicity campaigns can help engender support for reform.

Issues in Domestic Petroleum Pricing in Oil-producing Countries

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Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Issues in Domestic Petroleum Pricing in Oil-producing Countries by : Sanjeev Gupta

Download or read book Issues in Domestic Petroleum Pricing in Oil-producing Countries written by Sanjeev Gupta and published by . This book was released on 2002 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Issues in Domestic Petroleum Pricing in Oil-producing Countries

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (849 download)

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Book Synopsis Issues in Domestic Petroleum Pricing in Oil-producing Countries by :

Download or read book Issues in Domestic Petroleum Pricing in Oil-producing Countries written by and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Issues in domestic petroleum pricing in oil-producing countries

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Author :
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Issues in domestic petroleum pricing in oil-producing countries by : Sanjeev Gupta

Download or read book Issues in domestic petroleum pricing in oil-producing countries written by Sanjeev Gupta and published by . This book was released on 2002 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil Prices and the Future of OPEC

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Publisher : Routledge
ISBN 13 : 1317356969
Total Pages : 113 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Oil Prices and the Future of OPEC by : Theodore H. Moran

Download or read book Oil Prices and the Future of OPEC written by Theodore H. Moran and published by Routledge. This book was released on 2015-09-16 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: The policy of the United States and, by extension, that of many oil importing countries, toward OPEC countries is in large part a function of an estimate of the factors that condition oil decisions in exporting countries. In this title, originally published in 1978, Ted Moran examines how immune OPEC can expect to be to the struggles over market shares that traditionally have beset attempts to organize natural resource cartels. Moran’s research leads him to argue that skyrocketing commitments to growth and social betterment leave little slack in national budgets and thus preclude output reductions for any extended period, or at least act as a substantial deterrent, unless such reductions come in support of an effort to raise real oil prices substantially. For any student interested in international policy making, economic development, or environmental studies, this title offers fascinating insights into the oil industry.

The Distributional Implications of the Impact of Fuel Price Increases on Inflation

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1616356154
Total Pages : 34 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar

Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Ownership and Control of Oil

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Publisher : Routledge
ISBN 13 : 1317695445
Total Pages : 219 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Ownership and Control of Oil by : Bianca Sarbu

Download or read book Ownership and Control of Oil written by Bianca Sarbu and published by Routledge. This book was released on 2014-05-09 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ownership and Control of Oil examines government decisions about how much control to exert over the petroleum industry, focusing on the role of National Oil Companies in the production of crude oil since the nationalizations in the 1970s. What are the motives for which some producing states opt for less and NOT more control of their oil production sector? When can International Oil Companies enter the upstream industry of producing states and under what conditions? The diversity of policy choices across producers provides the stage for this investigation: different theoretical explanations are confronted, with the empirical evidence, with the aim of finally proposing an interdisciplinary framework of analysis to explain who controls oil production around the world. This book is intended for both specialists and general readers who have an interest in the issue of government control of the petroleum industry. Due to its multidisciplinary approach, the book is aimed at a large academic public composed of scholars of Political Science, International Political Economy, Comparative Politics, and Middle East Area Studies. Moreover, this book should be relevant to international consultants, industry professionals and decision-makers in countries assessing their experience with existing control structures as well as the many countries in the process of joining the ‘petroleum club’ of oil producing nations.

Domestic and International Petroleum Situation and the Implications of Fees on Imported Oil

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Publisher :
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Domestic and International Petroleum Situation and the Implications of Fees on Imported Oil by : United States. Congress. Senate. Committee on Energy and Natural Resources

Download or read book Domestic and International Petroleum Situation and the Implications of Fees on Imported Oil written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 1986 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil Imports and Energy Security

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Publisher :
ISBN 13 :
Total Pages : 236 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Oil Imports and Energy Security by : United States. Congress. House. Committee on Banking and Currency. Ad Hoc Committee on the Domestic and International Monetary Effect of Energy and Other Natural Resource Pricing

Download or read book Oil Imports and Energy Security written by United States. Congress. House. Committee on Banking and Currency. Ad Hoc Committee on the Domestic and International Monetary Effect of Energy and Other Natural Resource Pricing and published by . This book was released on 1974 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:

OPEC: Twenty Years and Beyond

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Publisher : Routledge
ISBN 13 : 1317244745
Total Pages : 297 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis OPEC: Twenty Years and Beyond by : Ragaei el Mallakh

Download or read book OPEC: Twenty Years and Beyond written by Ragaei el Mallakh and published by Routledge. This book was released on 2016-03-02 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the major issues arising from the power ascribed to the Organization of the Petroleum Exporting Countries (OPEC), this book reflects the bredth, expertise and multifaceted viewpoints of the contributors: members of OPEC itself, industry representatives, and scholars and energy specialists from the USA, Europe and the Middle East. Throughout the book, the authors look at the potential of OPEC, discernible trends in such crucial areas as global petroleum supply and pricing, and the international economic and political implications of both.

Taxation of Petroleum Products

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Publisher : International Monetary Fund
ISBN 13 : 1451979754
Total Pages : 58 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Taxation of Petroleum Products by : Mrs.Poonam Gupta

Download or read book Taxation of Petroleum Products written by Mrs.Poonam Gupta and published by International Monetary Fund. This book was released on 1994-03-01 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The domestic taxation of petroleum products is an important source of revenue in most countries. However, there is a wide variation of tax rates on petroleum products across countries, which cannot be explained by economic theory alone. This paper surveys different considerations advanced for taxing petroleum and presents petroleum tax rate data in 120 countries. It concludes that a significant reduction in the present extremely wide variation in petroleum prices and tax rates appears warranted.

Prospects for the World Oil Industry

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Publisher : Routledge
ISBN 13 : 1317235738
Total Pages : 132 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Prospects for the World Oil Industry by : Tim Niblock

Download or read book Prospects for the World Oil Industry written by Tim Niblock and published by Routledge. This book was released on 2016-03-02 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written in 1985, at a time when the world oil industry was facing a difficult period of over-supply and falling prices, this book examines some of the most important strategic issues facing both the producers and consumers of oil and gas. A theme underlying al the papers is the need for strengthening the co-operation between producing and consuming nations, especially between the Arab Gulf States and the members of the EU. The security of supply is also examined in the light of regional instability and peace in the Middle East.

Global Implications of Lower Oil Prices

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Publisher : International Monetary Fund
ISBN 13 : 151357227X
Total Pages : 41 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Global Implications of Lower Oil Prices by : Mr.Aasim M. Husain

Download or read book Global Implications of Lower Oil Prices written by Mr.Aasim M. Husain and published by International Monetary Fund. This book was released on 2015-07-14 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist into the medium term, although there is large uncertainty, (iii) lower oil prices will support global growth, (iv) the sharp oil price drop could still trigger financial strains, and (v) policy responses should depend on the terms-of-trade impact, fiscal and external vulnerabilities, and domestic cyclical position.

Pricing Problems

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Pricing Problems by : Organization of Petroleum Exporting Countries

Download or read book Pricing Problems written by Organization of Petroleum Exporting Countries and published by . This book was released on 1963 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Petroleum Resources and Development

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Publisher :
ISBN 13 :
Total Pages : 304 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Petroleum Resources and Development by : Kameel I. F. Khan

Download or read book Petroleum Resources and Development written by Kameel I. F. Khan and published by . This book was released on 1988 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy

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Publisher :
ISBN 13 : 9780226211763
Total Pages : 138 pages
Book Rating : 4.2/5 (117 download)

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Book Synopsis Energy by : Gary D. Eppen

Download or read book Energy written by Gary D. Eppen and published by . This book was released on 1975 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Domestic implications; International implications; World trade and balance of payments; Government regulations.

Transnational Oil

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Author :
Publisher : London : F. Pinter
ISBN 13 :
Total Pages : 206 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Transnational Oil by : Zuhayr Mikdashi

Download or read book Transnational Oil written by Zuhayr Mikdashi and published by London : F. Pinter. This book was released on 1986 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: