Standby Gasoline Rationing Plan. Regulatory analysis

Technical Report · Thu Feb 01 04:00:00 EST 1979

OSTI ID:6436839

The report provides an evaluation of th potential economic impacts of the gasoline rationing plan. It also provides estimates of the dollar costs and paperwork burdens of the proposed rationing program. The baseline for this analysis is the U.S. economy in 1980-1981 after the onset of a hypothetical petroleum supply interruption. The legislative mandate, summary of the plan, and alternatives to rationing are discussed in the introductory chapter. Chapter 2, National Economic Impacts, examines the 1980-1981 interrupted economy, the incremental impact of gasoline rationing, and the potential sources of inflation due to gasoline rationing. Income Transfers Affecting Households, Chapter 3, covers the development of the White Market, income transfers from firms to households, consumption of gasoline by income group within the household sector, allotment of ration rights for each income group, net flows of coupons and income, and government sale of coupons. The impacts of a petroleum supply interruption and incremental impact of gasoline rationing on industrial sectors are examined next. Projected state and regional impacts of a 1980-1981 supply interruption (without rationing) and the effects of rationing are examined in Chapter 5: State and Regional Impacts. Competitive effects in the petroleum industry and in the gasoline-consuming industries are covered in Chapter 6, followed by time phases, Federal manpower requirements, and rationing plan cost estimates in Chapter 7: Estimated Costs of the Rationing Plan. Reporting and recordkeeping procedures are discussed in the final chapter. The 4 appendices are: Quantitative Approach to National Economic Impacts; Response Functions; The Cost of Waiting in Lines for Gasoline; and the White Market Coupon Price. (MCW)

• Research Organization: Department of Energy, Washington, DC (USA). Economic Regulatory Administration
• OSTI ID: 6436839
• Report Number(s): DOE/ERA-0046
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020500 -- Petroleum-- Products & By-Products
29 ENERGY PLANNING, POLICY, AND ECONOMY
291000* -- Energy Planning & Policy-- Conservation
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294002 -- Energy Planning & Policy-- Petroleum
ALLOCATIONS
AUTOMOBILES
COMMERCIAL SECTOR
COMPETITION
CONSUMPTION RATES
DATA
DATA COMPILATION
DATA FORMS
DEMAND FACTORS
ECONOMIC ANALYSIS
ECONOMIC IMPACT
ECONOMICS
EMERGENCY PLAN
EMPLOYMENT
ENERGY POLICY AND CONSERVATION ACT
ENERGY SHORTAGES
ENERGY SOURCES
FOSSIL FUELS
FUELS
GASOLINE
GRAPHS
GROSS NATIONAL PRODUCT
INDUSTRY
INFORMATION
LAWS
NUMERICAL DATA
OWNERSHIP
PETROLEUM
PETROLEUM PRODUCTS
RESIDENTIAL SECTOR
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