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The Spring of 1996 and 1997 provides an excellent example of contrasting gasoline market dynamics. In 1996, tightening crude oil markets pushed up gasoline prices sharply, adding to normal seasonal price increases; in 1997, crude oil markets loosened, bringing prices down. This report, illustrated with charts and tables, summarizes and contrasts the events of the two Springs, taking a deeper look at recent changes in the gasoline supply. It also examines California's almost isolated market, exploring gasoline price behavior by class of trade across regions. Also provides an in-depth look at some of the features of gasoline prices.
This report contrasts the dynamics of the motor gasoline market in the springs of 1996 and 1997, highlighting the impact of crude oil market fluctuations on gasoline prices. The analysis details how tightening crude oil markets in 1996 led to sharp price increases, while loosened markets in 1997 brought prices down, examining these seasonal and market-driven shifts. It further investigates California's distinct market, exploring regional price variations by class of trade and providing an in-depth look at various features of gasoline pricing.
This report is a technical analysis of historical gasoline market data, intended for professionals or students of energy economics and market analysis. The detailed comparison of two distinct market periods, coupled with a focus on regional specifics like California, suggests a data-driven approach. The inclusion of charts and tables indicates a presentation style geared towards clear data visualization and evidence-based conclusions.
Page Count:
69
Publication Date:
1998-05-01
Publisher:
DIANE Publishing Company
ISBN-10:
0788148311
ISBN-13:
9780788148316
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