Price and expenditure measures of petroleum products: a comparison.

This article compares price and expenditure measures of petroleum products in the U.S. Price changes in petroleum products are closely correlated among the three price programs of the U.S. Bureau of Labor Statistics. From January 2000 to July 2006, the average price for a gallon of unleaded regular...

Descripción completa

Detalles Bibliográficos
Publicado en:Monthly Labor Review Vol. 129; no. 12; pp. 56 - 66
Autores principales: Duly, Abby L., Harris, Jeffrey A., Khatchadourian, Ara M., Ulics, Rozi T., Wolter, Melissa C.
Formato: Artículo
Publicado: US Department of Labor Dec2006
Materias:
Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:This article compares price and expenditure measures of petroleum products in the U.S. Price changes in petroleum products are closely correlated among the three price programs of the U.S. Bureau of Labor Statistics. From January 2000 to July 2006, the average price for a gallon of unleaded regular gasoline in the U.S. increased 130.5 percent. Personal consumption expenditures on gasoline rose from $175.7 billion to $287.3 billion from 2000 to 2005. Rising prices and increasing expenditures are a concern for consumers, business leaders, and federal policymakers.