Spiking oil prices ease some states' short-term concerns

Karchmer, Jennifer
April 1999
Bond Buyer;04/21/99, Vol. 328 Issue 30624, p6
Trade Publication
Discusses the impact of fluctuating petroleum prices on the local economy of some American states. Efforts of some state including Texas and Louisiana to buffer the effect fluctuating prices; Alaska's vulnerability to downward prices; Dependence of Alaska on production and mining.


Related Articles

  • Large Oil Shocks and the US Economy: Infrequent Incidents with Large Effects. Gronwald, Marc // Energy Journal;2008, Vol. 29 Issue 1, p151 

    This paper considers the macroeconomics of the oil price for the United States. It investigates the impact of large oil price hikes in a standard VAR framework by introducing a new Markov switching based oil price specification. The explanatory power of this new specification is compared to that...

  • Here We Go Again. Forbes, Steve // Forbes Global;4/19/2004, Vol. 7 Issue 7, p13 

    Explains the impact of inflation on the U.S. economy. Signs of inflation in the country's economy as of April 19, 2004; Factors that influence the rise of prices of petroleum products; Risks of inflation.

  • The Economy This Time.  // National Review;9/3/1990, Vol. 42 Issue 17, p11 

    Reports that there is cause for economic optimism in the quick and orderly manner in which petroleum prices increased and then fell in the United States. Likelihood that the economic damage is minimal; Price-gouging; Anticipatory pricing; Excess oil production capacity; Enormous oil reserves...

  • Oil and the Macroeconomy: A Markov State-Switching Approach. RAYMOND, JENNIE E.; RICH, ROBERT W. // Journal of Money, Credit & Banking (Ohio State University Press);May97, Vol. 29 Issue 2, p193 

    This paper analyzes the relationship between oil price shocks and postwar U. S. business cycle fluctuations. We develop a generalized Markov switching model of output that includes a measure of net real oil price increases and examine the capabilities of this variable to generate shifts in the...

  • Energy Overview.  // U.S. Industry Quarterly Review: Energy;2003 3rd Quarter, p21 

    The article discusses energy related issues in the U.S. economy. West Texas Intermediate Inc. crude price broke the $32/barrel mark in early August 2003, adding further strain to the already tight oil markets. Crude oil inventories, already low, fell further in July. Hurricane Claudette...

  • US: Thoughts On The Impact Of High Oil Prices.  // Emerging Markets Monitor;2/27/2012, Vol. 17 Issue 45, p4 

    The article discusses the impact of rising oil prices on the U.S. economy. It states that these high oil prices, which technicals expect to match the 2008 highs and pose a hindrance to U.S. consumption recovery, can create winners, particularly in oil services companies and employment in the oil...

  • LNG's long-haul role will hinge on the price of crude. Cullen, David // Fleet Owner Blog;5/ 2/2013, p7 

    The article discusses the effect of crude oil prices on the trend on liquefied natural gas (LNG) competitiveness in the U.S. It mentions that crude oil prices affect the prices of LNG. According to the author, the fixed costs for liquefaction of incoming pipeline gaseous natural gas could be...

  • Oil's Silver Lining. Von Drehle, David // Time;11/19/2007, Vol. 170 Issue 21, p19 

    The article offers information about the rising oil prices in the U.S. and its comparison with prices of the past. In April 1980, oil prices were peaking at $100 per barrel, a similar rate to the current price. However, the 2008 U.S. presidential nominations present a chance for the oil price...

  • WHO WINS AND LOSES WHEN GAS PRICES SKYROCKET? Saporito, Bill; Allen, Mike; Donnelly, Sally B.; Tumulty, Karen; Thomas, Cathy Booth; Gould, Jens Erik; Hequet, Marc; Fonda, Daren; Kher, Unmesh; Tsiantar, Dody // Time;5/8/2006, Vol. 167 Issue 19, p28 

    The article discusses the economic implications of skyrocketing gasoline for U.S. politicians, consumers and oil companies. More than any issue, gasoline has the potential of turning the 2006 congressional elections into a national referendum. Republicans are turning on the oil industry and...


Read the Article


Sign out of this library

Other Topics