Lifting the Alaskan Oil Export Ban: An Intervention Analysis

Charles W. Bausell, Frank W. Rusco and W. Walls

The Energy Journal, 2001, vol. 22, issue 4, 81-94

Abstract: In this paper we examine the price effects on crude oils of removing the U.S. export ban on Alaskan North Slope crude oil in 1996. We estimate the long-run impact of removing the export ban through the use of a time series intervention analysis. The results indicate that Alaskan crude oil prices increased between $0.98 and $1.30 on the West Coast spot market relative to prices of comparable crude oils as a result of removing the export ban. However, we find no evidence that West Coast prices for refined oil products—regular unleaded gasoline, diesel fuel, and jet fuel—increased as a result of lifting the ban.

Keywords: Oil exports; oil policy US; Alaskan export ban (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:22:y:2001:i:4:p:81-94

DOI: 10.5547/ISSN0195-6574-EJ-Vol22-No4-4

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