Publications: The Petroleum Economics Monthly
Price Spreads and Price Dynamics (June 2016)
This issue of The Petroleum Economics Monthly is quite technical. It also celebrates the success of energy commodity markets, especially energy futures markets. Here we show how consumers in parts of the United States have benefited from lower gasoline prices thanks to the maturation of energy commodity and futures markets. The savings is on the order of twenty cents per gallon. Consumers in other parts of the country, particularly California, have not enjoyed such benefits. The cost to Californians will total perhaps $2 to $3 billion in 2016, according to our rough calculations. Alternatively, one can assert that Californians continue to pay as they have in the past, while consumers in much of the rest of the country will save between $6 and $7 billion in comparison this year. For more detail, please use the link below to download or view the report summary.
- The Petroleum Economics Monthly
- The Failure of Traditional Oil Market Fu...
- Will Investor Aversion Bring Higher Oil ...
- The Hedge Fund War on Fracking (August 2...
- IMO 2020: Implications for Crude (Januar...
- Understanding Price Behavior During Oil ...
- $200 Crude, the Economic Crisis of 2020,...
- IMO 2020: Economic Prospects (June/July ...
- Brent Is Dated (November/December 2017)
- The United States: Center of the Global ...
- A Tale of Two Markets (September 2017)
- The Triumph of Markets (August 2017)
- Twilight of Big Energy (July 2017)
- Failure to Learn from History: The Produ...
- A Lesson in Disruption (May 2017)
- Putting a Finger in the Oil Market Dike ...
- Oil's Johnny One-Note (March 2017)
- The Don Quixotes of Oil (February 2017)
- Markets Take Over (January 2017)