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2. Pass-through (economics) - Wikipedia

   en.wikipedia.org/wiki/Pass-through_(economics)

   In addition to the absolute pass-through that uses incremental values (i.e., $2 cost shock causing $1 increase in price yields a 50% pass-through rate), some researchers use pass-through elasticity, where the ratio is calculated based on percentage change of price and cost (for example, with elasticity of 0.5, a 2% increase in cost yields a 1% increase in price).

3. Asymmetric price transmission - Wikipedia

   en.wikipedia.org/wiki/Asymmetric_price_transmission

   Secondly, because of the size of the some markets in which asymmetric price transmission takes place (such as petroleum markets), global dependence on some products (again oil) and the share of income spent by average household on some products (again petroleum products), asymmetric price transmission is important from the welfare point of view ...

4. California Independent System Operator - Wikipedia

   en.wikipedia.org/wiki/California_Independent...

   The California Independent System Operator (CAISO) is a non-profit Independent System Operator (ISO) serving California. [1] It oversees the operation of California's bulk electric power system, transmission lines, and electricity market generated and transmitted by its member utilities. CAISO is one of the largest ISOs in the world, delivering ...

5. Price point - Wikipedia

   en.wikipedia.org/wiki/Price_point

   Price points A, B, and C, along a demand curve (where P is price and Q represents demand) In economics, a price point is a point along the demand curve at which demand for a given product is supposed to stay relatively high. The term "price point" is often used incorrectly to refer to a price. [1]

6. California’s new oil czar wants to end mysterious gas price ...

   www.aol.com/california-oil-czar-wants-end...

   They are far lower than the summer of 2022 spike that sent lawmakers into a special legislative session to address oil price gouging. At that time, average fuel costs rose to a sky-high $5.52 a ...

7. Gavin Newsom signs bill aiming to prevent California gas ...

   www.aol.com/gavin-newsom-signs-bill-aiming...

   Gavin Newsom signs bill aiming to prevent California gas price spikes, swipes at oil industry. Stephen Hobbs. October 14, 2024 at 4:08 PM.

8. California oil refineries must stockpile gasoline to avoid ...

   www.aol.com/california-oil-refineries-must...

   Today a gallon of gasoline in California today costs $4.61 on average, just over 10 cents lower than the last month and more than 50 cents lower than last year, according to the latest prices from ...

9. Price of oil - Wikipedia

   en.wikipedia.org/wiki/Price_of_oil

   Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...