Abstract
In this study the crude petroleum market is linked to the market of refined petroleum products through a set of technological relationships. An econometric study is used to quantify the existing relevant variables. The price equations for each refined product are used to derive estimates of elasticities with respect to quantity supplied, price of domestic crude oil and price of imports.
Recommended Citation
Pagoulatos, Angelos; Debertin, David L.; and Pagoulatos, Emilio, "The Effect of Crude Oil Prices on the Output Composition of Refined Petroleum Products" (1978). UMR-MEC Conference on Energy / UMR-DNR Conference on Energy. 345, pp. 33-39.
https://scholarsmine.mst.edu/umr-mec/345
Meeting Name
5th Annual UMR-DNR Conference on Energy (1978: Oct. 10-12, Rolla, MO)
Document Type
Article - Conference proceedings
Session
Economics of Energy I
Document Version
Final Version
File Type
text
Language(s)
English
Rights
© 1978 University of Missouri--Rolla, All rights reserved.
Publication Date
12 Oct 1978
