will nigeria’s demand for fuel change after end of subsidies?

president jonathan ambitiously tackled fuel subsidy reform in early january. in doing so, some oil traders were curious to know if fuel consumption patterns would change in nigeria. they wondered that any change in domestic demand could either add or take highly-prized (light + sweet) nigerian crude varieties off the global market. my answer was no, and this paper was helpful in providing evidence for this answer.

modeling gasoline demand with structural breaks: new evidence from nigeria

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s