Search Results

open access

U.S. Trade Deficit and the Impact of Rising Oil Prices

Description: This report provides an estimate of the initial impact of the rising oil prices on the nation's merchandise trade deficit. Petroleum prices continued to rise sharply in 2008, at one time reaching more than $140 per barrel of crude oil. At the same time the average monthly volume of imports of energy-related petroleum products fell slightly.
Date: September 12, 2008
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
open access

U.S. Trade Deficit and the Impact of Rising Oil Prices

Description: Petroleum prices have continued to rise sharply in 2008, at one time reaching more than $140 per barrel of crude oil. At the same time the average monthly volume of imports of energy-related petroleum products has fallen slightly. The combination of sharply rising prices and a slightly lower level of imports of energy-related petroleum products translates into an escalating cost for those imports. The prices of energy imports have been on a steady rise since summer of 2007, defying the pattern … more
Date: August 12, 2008
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
open access

U.S. Trade Deficit and the Impact of Rising Oil Prices

Description: Petroleum prices rose sharply in the first half of 2008, at one time reaching more than $140 per barrel of crude oil. Since July, however, petroleum prices and import volumes have fallen at a historically rapid pace; in November, prices of crude oil fell below $55 per barrel. The fall in the cost of energy imports combined with the drop in import volumes as a result of the slowdown in economic activity has reversed the trend of rising energy imports costs and will sharply reduce the overall cos… more
Date: November 13, 2008
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
open access

U.S. Trade Deficit and the Impact of Rising Oil Prices

Description: Petroleum prices have continued to rise sharply in 2008, at one time reaching more than $140 per barrel of crude oil. At the same time the average monthly volume of imports of energy-related petroleum products has fallen slightly. The combination of sharply rising prices and a slightly lower level of imports of energy-related petroleum products translates into an escalating cost for those imports. The prices of energy imports have been on a steady rise since summer of 2007, defying the pattern … more
Date: October 10, 2008
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
open access

The U.S. Trade Deficit, the Dollar, and the Price of Oil

Description: This report analyzes the relationship between the dollar and the price of oil and how the two might interact. It includes sections describing real and nominal oil prices, major currencies, oil exchanges, oil supply and demand and factors affecting the international exchange value of the dollar: capital flows, the U.S. financial balance, the foreign exchage market, and the U.S. trade deficit.
Date: February 12, 2010
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
open access

The Federal Excise Tax on Gasoline and the Highway Trust Fund: A Short History

Description: Excise taxes have long been a part of our country's revenue history. The federal government first imposed its excise tax on gasoline at a one-cent per gallon rate in 1932 to correct a federal budgetary imbalance. The burden for much of the tax ultimately falls on the consumer. The Highway Revenue Act of 1956 established the federal Highway Trust Fund for the direct purpose of funding the construction of an interstate highway system and aiding in the finance of primary, secondary, and urban rout… more
Date: April 4, 2006
Creator: Jackson, Pamela J.
Partner: UNT Libraries Government Documents Department
open access

The Enron Loophole

Description: This report discusses the Commodity Exchange Act that exempts certain energy derivatives contracts from regulation by the Commodity Futures Trading Commission (CFTC).
Date: July 7, 2008
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department
open access

The Enron Loophole

Description: The Commodity Exchange Act exempts certain energy derivatives contracts from regulation by the Commodity Futures Trading Commission (CFTC). These exemptions are popularly known as the "Enron loophole." Soaring energy prices have raised concerns about whether the CFTC has enough information about these unregulated markets to monitor energy trading in a comprehensive manner. A number of other bills in the 110th Congress would impose new reporting or regulatory requirements on the bilateral energy… more
Date: July 7, 2008
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department
open access

Primer on Energy Derivatives and Their Regulation

Description: Prices of oil and other energy commodities are set in futures and derivatives markets, where producers, commercial users, and financial speculators buy and sell contracts whose value is linked to the price of the underlying commodity. Trading occurs on regulated futures exchanges and in a largely unregulated over-the-counter (OTC) market; both forms of trading are global in scope. This report presents basic information about these markets, the instruments traded, the regulatory framework, specu… more
Date: July 15, 2008
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department
open access

Regulation of Energy Derivatives

Description: This report analyzes the development of regulation for energy derivatives (financial contracts whose value is linked to changes in the price of some energy product). Regulation may be needed [1] to help prevent abusive trading and price manipulation, and [2] to help prevent the failure of a large derivatives dealer which could trigger disruptions of supplies and prices in oil and gas markets.
Date: July 7, 2008
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department
Back to Top of Screen