Taxation of crude oil, gasoline, and related fuels and commodities

Conference · Mon Jan 01 04:00:00 EST 1979 · Growth and Change; (United States)

OSTI ID:6176466

Renshaw, E F

The complexities of domestic crude-oil pricing policies are outlined and a wellhead tax is proposed as an alternative to decontrol. This would be an alternative that encourages production and is still equitable. The author considers the exemption of stripper oil from price controls to be unfair and suggests that excise taxes or nonprice rationing measures be used to reduce consumption in oil-importing countries. Economic analyses of supplies are projected, using the current laws, and compared with estimates using tax revenues combined with subsidies. George M. Von Furstenberg questions only some points of emphasis in his comment. 22 references.

• Research Organization: State Univ. of New York, Albany
• OSTI ID: 6176466
• Conference Information: Journal Name: Growth and Change; (United States) Journal Volume: 10:1
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020300 -- Petroleum-- Drilling & Production
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294002* -- Energy Planning & Policy-- Petroleum
DEREGULATION
ECONOMIC POLICY
ENERGY SUPPLIES
FUELS
GASOLINE
PETROLEUM PRODUCTS
PRODUCTION
TAXES