| Title | Energy markets : refinery outages can have varying gasoline price impacts, but gaps in federal data limit understanding of impacts. |
|---|---|
| Record ID | 32192 |
| Corporate Creator | United States. Government Accountability Office |
| Publisher | United States. Government Accountability Office |
| Publication Date | 20090700 |
| Language | English |
| Abstract | In 2008, GAO reported that, with the exception of the period following Hurricanes Katrina and Rita, refinery outages in the United States did not show discernible trends in reduced production capacity, frequency, and location from 2002 through 2007. Some outages are planned to perform routine maintenance or upgrades, while unplanned outages occur as a result of equipment failure or other unforeseen problems. GAO was asked to (1) evaluate the effect of refinery outages on wholesale gasoline prices and (2) identify gaps in federal data needed for this and similar analyses. GAO selected refinery outages from 2002 through September 2008 that were at least among the largest 60 percent in terms of lost production capacity in their market region and lasted at least 3 days. GAO developed an econometric model and tested a variety of assumptions using public and private data. |
| Rosap ID | dot:5709 |
| Rosap URL | https://rosap.ntl.bts.gov/view/dot/5709 |
| TRT Terms | Petroleum industry; Petroleum refineries; Petroleum products; Gasoline |
| General Subjects | Energy industries--United States; Petroleum industry and trade--United States; Petroleum refineries--United States; Gasoline--Prices--United States; Supply and demand; Petroleum products--Prices--United States. |
| Classification | NTL - ENERGY AND ENVIRONMENT - ENERGY AND ENVIRONMENT; NTL - PLANNING AND POLICY - PLANNING AND POLICY |
| Geographical Coverage |
United States |
| OCLC | 668440891 |
| Report Number | GAO-09-700 |
| Resource type | Proceedings |
| URL | https://ntlrepository.blob.core.windows.net/lib/32000/32100/32192/d09700.pdf |
| Alternative URL | http://purl.access.gpo.gov/GPO/FDLP552; http://www.gao.gov/cgi-bin/getrpt?GAO-09-700 |
| Format | |
| Database | NTL Digital Repository |