Gasoline Prices in Canada:
Gasoline Prices in Canada:

Author:

Publisher:

Published: 2003

Total Pages: 38

ISBN-13:

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This report presents a study of the possible causes of the recent increase in the price of gasoline in Canada and the effects of that increase on the economy. Chapter 1 reviews the data on gasoline prices (retail, wholesale, & crude) in Canada over the period November 2002 to September 2003, as well as over the longer term, and in comparison to prices in the United States & elsewhere. Chapter 2 examines the structure, performance, & profitability of the oil & gas industry, focussing on the downstream sector. It also studies the competitive aspects of the vertically integrated companies, the regional marketers, and the independent retailers in the gasoline sector. Chapter 3 assesses the explanations given for the price increases and other related pricing issues. The report then summarizes the findings and offers a single recommendation for the creation of an independent agency to monitor gasoline pricing. The appendix includes data on gasoline prices in selected cities in late 2003 and a dissenting opinion on the report.

Understanding Gasoline Prices
Understanding Gasoline Prices

Author:

Publisher:

Published: 2005

Total Pages:

ISBN-13:

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The Canadian oil industry often faces criticism from consumers and the media with respect to gasoline prices. Consumer frustration over frequent changes in pump prices is exacerbated by the fact that gasoline is the only commodity in our society where consumers can do their comparison shopping from the comfort of their automobile. This paper will examine the factors that influence gasoline prices in Canada. It will begin with an in depth look at each of the pump price components and discuss the factors that influence them. The paper will conclude with an examination of how some of the key factors, such as crude oil prices and exchange rates, have shaped gasoline prices over the past few years.

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

Author: Mr. Kangni R Kpodar

Publisher: International Monetary Fund

Published: 2021-11-12

Total Pages: 34

ISBN-13: 1616356154

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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.

Gasoline Prices in Canada
Gasoline Prices in Canada

Author: Canada. Parliament. House of Commons. Standing Committee on Industry, Science and Technology

Publisher:

Published: 2003

Total Pages: 100

ISBN-13:

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