humanitarian supplies. We measure the extent to which this program was corrupted by Iraq's attempts to deliberately set the price … between the official selling price of Iraq's two crude oils (Basrah Light and Kirkuk) and the market price of several … reduced Iraq's ability to set the price of its oil. The evidence on whether Kirkuk was underpriced is less clear. Notably, we …

feedstocks over the 2007-2022 period. We find that the biofuel mandate will increase corn price by 24%, reduce the price of … reduce the adverse impact of the mandate alone on crop prices and decrease the price of biofuels. However, they impose a …

network reduced oil price differentials, which fell from a mean state-level difference of $10 per barrel in 2011 to about $1 …

petroleum products by rail and pipelines. While crude oil transportation has generated intense policy debate about rail and …

If commercial producers or financial investors use futures contracts to hedge against commodity price risk, the …

This paper develops a simple theoretical model of the effect of an oil price increase on exchange rates. The model … price with the indirect balance of payments benefits of OPEC spending and investment. In the short run, what matters is … whether the U.S. share of world oil imports is more or less than its share of OPEC asset holdings; in the long run, whether …

the world economy. We analyze the impact of the advent of fracking on the volatility of oil prices. Our model predicts a …

producer distress indices that signal the build-up of upside and downside price risk, and by conducting a risk scenario …

corn, contributing to both higher prices and greater price volatility. But turbulence in recent economic events have caused … ways that are observable in data. Price volatility and "subsidy incidence" also depend on which regime is in place. Simple … differences in variations of corn prices versus energy prices. Apparent price volatility seems due to mechanism switching and to …

response to corn supply shocks would be 57% higher than in the non-binding case, and world price volatility would be boosted by …-quarter. And the volatility of the US coarse grains price to supply side shocks in that market will rise by nearly one-half …Under a high oil price scenario, rather than the RFS binding, the binding constraint is likely to be the blend wall …