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The relationship between the indices of the yield of light petroleum products and the depth of refining of the crude

โœ Scribed by E. I. Naumov; V. A. Bugrov


Book ID
118288326
Publisher
Springer US
Year
1971
Tongue
English
Weight
447 KB
Volume
7
Category
Article
ISSN
0009-3092

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We revisit the issue of asymmetries in the relation between the price of crude oil and refined petroleum products in the United States. An econometric analysis of monthly data indicates that the asymmetric relation between the price of crude oil and motor gasoline is generated by refinery utilizatio