The economic cost of global fuel subsidies

The economic cost of global fuel subsidies / Lucas Davis. Energy Institute at Haas, December 2013, 13 p. (WP-247) http://ei.haas.berkeley.edu/pdf/working_papers/WP247.pdf Author's abstract : By 2015, global oil consumption will reach 90 million barrels per day. In part, this high level of consumption reflects the fact that many countries provide subsidies for gasoline and diesel. This paper examines global fuel subsidies using the latest available data from the World Bank, finding that road-s...