G2TT
来源类型Issue Brief
规范类型简报
Crude Behavior: How Lifting the Export Ban Reduces Gasoline Prices in the United States
Stephen P.A. Brown; Charles Mason; Alan J. Krupnick; Jan Mares
发表日期2014-03-05
出版年2014
页码Issue Brief 14-03-REV
语种英语
结论
  • The "fracking" revolution has led to an excess supply of light crude oil in the United States, particularly in the Midwest.
  • These excess supplies of light crude oil, combined with a US ban on exporting crude oil and transport bottlenecks, have led to sharply reduced crude oil prices in the Midwest.
  • These lower crude oil prices in the Midwest do not seem to have resulted in lower prices for refined products in the Midwest.
  • US refineries are better suited to process heavy crude oil, while refineries in other countries are better suited to process light crude oil.
  • As a result, lifting the ban on US crude oil exports would allow for a more efficient distribution of crude oil among refineries in the Western Hemisphere and elsewhere in the world.
  • A better allocation of refinery activity will result in more gasoline production, which will lower gasoline prices.
  • 主题Energy and Electricity ; Environmental Economics Topics ; International ; Transportation
    子主题Oil
    URLhttp://www.rff.org/research/publications/crude-behavior-how-lifting-export-ban-reduces-gasoline-prices-united-states
    来源智库Resources for the Future (United States)
    资源类型智库出版物
    条目标识符http://119.78.100.153/handle/2XGU8XDN/39705
    推荐引用方式
    GB/T 7714
    Stephen P.A. Brown,Charles Mason,Alan J. Krupnick,et al. Crude Behavior: How Lifting the Export Ban Reduces Gasoline Prices in the United States. 2014.
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