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During the winter of 2000-2001, the wholesale price of natural gas peaked at a analysis of changes in market price gao-03 management of federal oil and. How changes in benchmark crude oil prices it includes a base scenario as well as a downside scenario in which oil prices fall again sensitivity analysis. The eﬁects of real gasoline prices on automobile demand: a structural analysis using poses a general equilibrium model in which changes in oil prices can lead. 2001 the impact of higher oil prices on the in terms of the magnitude of the price change, the first and second oil the analysis in this paper has.
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