Not Available for Download

The Impact of Mergers in U.S. Petroleum Industry on Wholesale Gasoline Prices

Contemporary Economic Policy, Vol. 25, No. 1, pp. 46-46, January 2007

Posted: 27 Nov 2011  

John A. Karikari

US Government Accountability Office (GAO)

Godwin Agbara

affiliation not provided to SSRN

Hashem Dezhbakhsh

Emory University - Department of Economics

Barbara J. El-Osta

affiliation not provided to SSRN

Date Written: 2007

Abstract

Starting in the mid-1990s, the U.S. petroleum industry experienced a wave of mergers, several of them between large petroleum companies that were previously competitors. Using an econometric analysis of terminal city-specific data, this study finds that the majority of the mergers led to higher wholesale gasoline prices in the United States in the mid-1990s through 2000.

Keywords: US petroleum industry, mergers, 1990s, wholesale gasoline prices

JEL Classification: L7, L13, L40

Suggested Citation

Karikari, John A. and Agbara, Godwin and Dezhbakhsh, Hashem and El-Osta, Barbara J., The Impact of Mergers in U.S. Petroleum Industry on Wholesale Gasoline Prices (2007). Contemporary Economic Policy, Vol. 25, No. 1, pp. 46-46, January 2007. Available at SSRN: https://ssrn.com/abstract=1965082

John Karikari (Contact Author)

US Government Accountability Office (GAO) ( email )

Center for Economics
441 G St NW, mailstop 6K17E
Washington, DC 20548
United States
202-512-4950 (Phone)

Godwin Agbara

affiliation not provided to SSRN ( email )

Hashem Dezhbakhsh

Emory University - Department of Economics ( email )

1602 Fishburne Drive
Atlanta, GA 30322
United States
404-727-4679 (Phone)
404-727-4639 (Fax)

Barbara El-Osta

affiliation not provided to SSRN ( email )

Paper statistics

Abstract Views
307