Global Implications of Lower Oil Prices

Global Implications of Lower Oil Prices

Author: Mr.Aasim M. Husain

Publisher: International Monetary Fund

Published: 2015-07-14

Total Pages: 41

ISBN-13: 151357227X

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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.


Importing Into the United States

Importing Into the United States

Author: U. S. Customs and Border Protection

Publisher:

Published: 2015-10-12

Total Pages: 0

ISBN-13: 9781304100061

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Explains process of importing goods into the U.S., including informed compliance, invoices, duty assessments, classification and value, marking requirements, etc.


Blood and Oil

Blood and Oil

Author: Michael T. Klare

Publisher: Metropolitan Books

Published: 2007-04-01

Total Pages: 306

ISBN-13: 1429900571

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From the author of Resource Wars, a landmark assessment of the critical role of petroleum in America's actions abroad In his pathbreaking Resource Wars, world security expert Michael T. Klare alerted us to the role of resources in conflicts in the post-Cold War world. Now, in Blood and Oil, he concentrates on a single precious commodity, petroleum, while issuing a warning to the United States-its most powerful, and most dependent, global consumer. Since September 11th and the commencement of the "war on terror," the world's attention has been focused on the relationship between U.S. foreign policy in the Middle East and the oceans of crude oil that lie beneath the region's soil. Klare traces oil's impact on international affairs since World War II, revealing its influence on the Truman, Eisenhower, Nixon, and Carter doctrines. He shows how America's own wells are drying up as our demand increases; by 2010, the United States will need to import 60 percent of its oil. And since most of this supply will have to come from chronically unstable, often violently anti-American zones-the Persian Gulf, the Caspian Sea, Latin America, and Africa-our dependency is bound to lead to recurrent military involvement. With clarity and urgency, Blood and Oil delineates the United States' predicament and cautions that it is time to change our energy policies, before we spend the next decades paying for oil with blood.


The Effects of United States Oil Import Policy on the Petroleum Industry

The Effects of United States Oil Import Policy on the Petroleum Industry

Author: Rene Pierre Manes

Publisher:

Published: 1979

Total Pages: 344

ISBN-13:

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The author uses microeconomic market analysis to study the U.S. oil import policy which was developed during the nineteen fifties and the early sixties to resolve the conflict between domestic producers and those petroleum companies which had extensive foreign crude oil reserves.


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.


Global Bioethanol

Global Bioethanol

Author: Sergio Luiz Monteiro Salles-Filho

Publisher: Academic Press

Published: 2016-06-14

Total Pages: 278

ISBN-13: 0128031565

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Global Bioethanol: Evolution, Risks, and Uncertainties explores the conceptual and methodological approaches for the understanding of bioethanol technologies, policies and future perspectives. After a decade of huge investments made by big companies and governments all around the world, it is time to talk about the real conditions in which bioethanol will (or will not) evolve. Uncertainties and certainties are discussed and addressed to understand the futures of global bioethanol. The book analyses the evolution of bioethanol in the world's energy mix under technological, economic and commercial perspectives. It gives particular emphasis on the innovative trajectories of second-generation ethanol and their potential in different countries and regions. Future scenarios are proposed in order to evaluate the possible outcomes of ethanol in a global perspective. For providing a thorough overview of the bioethanol sector from different points of view, this book is a very useful resource for all involved with biofuels in general and bioethanol in particular, including energy engineers, researchers, consultants, analysts and policy makers. - Presents a thorough examination of the uncertainties surrounding bioethanol in the future global energy mix - Provides a data-driven and updated picture on the technological, economic, and market trends and scenarios for bioethanol - Offers a foresight analysis on the perspectives of bioethanol as a global commodity - Includes a prospective about who is going to lead the new trajectories in the global arena