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15 Issues in Domestic Petroleum Pricing in Oil-Producing Countries

15 Issues in Domestic Petroleum Pricing in Oil-Producing Countries »

Source: Fiscal Policy Formulation and Implementation in Oil-Producing Countries

Series: Books

Author(s): Jeffrey Davis , Annalisa Fedelino , and Rolando Ossowski

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 August 2003

ISBN: 9781589061750

Keywords: oil prices, fiscal policy, oil revenues, oil and gas, taxation

I. Introduction Petroleum product prices are often heavily regulated. Domestic price controls are prevalent, especially in countries that are net exporters of oil. Governments often...