Bacon, RobertKojima, Masami2014-04-222014-04-222006-08https://hdl.handle.net/10986/17955The rise in oil prices and the associated increase in the prices of petroleum products that has occurred since the beginning of 2004 are having adverse effects on the users of petroleum products in all countries. In many developing countries, price increases have generated considerable pressure for government response to lessen the burden of higher world oil prices, and policies to minimize budgetary support have met with fierce opposition. The individual characteristics of petroleum products strongly influence the way consumers react to various policies that might be tried. Some policy measures that are effective for other items for the purpose of protecting consumers, and especially the poor, from price increases are not necessarily suitable or effective for petroleum products.en-USCC BY 3.0 IGOALTERNATIVE FUELSAVERAGE PRICEBARRELS PER DAYCOALCOMPRESSED NATURAL GASCONSUMER PRICECONSUMER PRICE INDEXCRUDE OILDEMAND MANAGEMENTDEPOTDIESELDOMESTIC MARKETSDOMESTIC SUPPLYECONOMIES OF SCALEEFFICIENCY IMPROVEMENTELECTRICITYENERGY EFFICIENCYENERGY PLANNERSETHANOLFINANCIAL INCENTIVESFREIGHTFUELFUEL ADULTERATIONFUEL PRICEFUEL PRICE INCREASESFUEL PRICESFUEL PRICINGFUEL SWITCHINGFUEL TAXESGASGAS AUTHORITYGAS DEVELOPMENTGAS OILGASOLINEGASOLINE PRICESGENERATIONHEAVY FUEL OILHIGHER OIL PRICESIMPROVING ENERGY EFFICIENCYKEROSENELIQUEFIED PETROLEUM GASLNGLONG-RUN ELASTICITIESMARKET LIBERALIZATIONMINISTRY OF PETROLEUMNATURAL GASNATURAL RESOURCESNET OILOILOIL AND GASOIL COMPANIESOIL COMPANIES ADVISORY COMMITTEEOIL EXPORTEROIL EXPORTERSOIL IMPORTERSOIL IMPORTSOIL PRICEOIL PRICESOIL PRODUCEROIL PRODUCERSOIL PRODUCTSOPECORGANIZATION OF PETROLEUM EXPORTING COUNTRIESPETROLEUMPETROLEUM COMPANYPETROLEUM CORPORATIONPETROLEUM DEVELOPMENTPETROLEUM EXPORTING COUNTRIESPETROLEUM GASPETROLEUM MARKETPETROLEUM PRODUCT CONSUMPTIONPETROLEUM PRODUCT PRICESPETROLEUM PRODUCTSPETROLEUM REFINERIESPETROLEUM SOURCESPILOT PROJECTSPIPELINEPIPELINE COMPANYPOWER PRODUCERSPOWER SYSTEMPRICE DIFFERENTIALPRICE ELASTICITYPRICE INCREASEPRICE INCREASESPRICE STABILIZATIONPRICE SUBSIDIESPRICING POLICIESPRICING POLICYPUBLIC TRANSPORTPUBLIC TRANSPORT OPERATORSPURCHASINGREFINED PRODUCTSREGULAR GASOLINERENEWABLE ENERGYRENEWABLE POWERRENEWABLE SOURCESRETAILRETAIL PRICERETAIL PRICESSALESOYBEAN OILSTOCKSSUBSTITUTESSUPPLIERSSURPLUSTAXTRANSPARENCYTRANSPORTATIONTRANSPORTATION FUELSVEHICLEVEHICLE TRAVELWORLD OIL PRICES10.1596/17955