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Reducing Gasoline Prices: British Columbia's Experiment

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  • Stephen Enke

Abstract

Nature and significance of the problem, 443. — I. Conditions leading to investigation of the coal and petroleum industries, 443. — The Coal and Petroleum Products Control Board Act, 445. — Further legislation in 1940, 446. — Constitutional restrictions in Canada, 446. — II. Facts brought to light by the foregoing: brand names, 447; elasticity of demand, 448; major oil companies' control, 448; side-lines, 449; profits, 449. — Prices and cost of production, 450. — Interpretations of the facts revealed, 451. — Price determination, 451. — Product determination, 452. — Promotion, 454. — III. Alternative policies open to the Board, 454. — Policies adopted, 457. — Conclusions, 458.

Suggested Citation

  • Stephen Enke, 1941. "Reducing Gasoline Prices: British Columbia's Experiment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 55(3), pages 443-459.
  • Handle: RePEc:oup:qjecon:v:55:y:1941:i:3:p:443-459.
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