UK gasoline prices: how fast are changes in crude prices transmitted to the pump?
The recent dramatic fall in the price of crude oil has focussed attention on the relationship between crude oil prices and retail gasoline prices in the UK. The central issue is that of how long it normally takes for the fall in costs to be felt in a fall in final prices. The purpose of this study i...
Main Author: | Bacon, R |
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Format: | Working paper |
Language: | English |
Published: |
Oxford Institute for Energy Studies
1986
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