allowed it to become a major exporter of gasoline and diesel fuel. Since mid-2014 the global real price of crude oil has … gasoline in global markets and in the United States? Third, what determines the investment response of the oil sector to oil …

SPR, as recently proposed by the White House, lower the global price of oil (and hence the U.S. price of motor gasoline …

hence in the U.S. price of gasoline after June 2014. Our analysis suggests that this decline produced a cumulative stimulus … reallocating labor across sectors or for increased uncertainty about the price of gasoline in explaining the sluggish response of U …

The conventional wisdom that inflation expectations respond to the level of the price of oil (or the price of gasoline … support for the conventional wisdom. Using a new structural vector regression model, however, we demonstrate that gasoline … explained by a large increase in gasoline prices. However, on average, gasoline price shocks account for only 39% of the …

We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … across U.S. states in the pass-through of oil price shocks to retail gasoline prices. We show that these differences are … primarily driven by the cost of producing and distributing gasoline, which varies with states' access to oil and gasoline …