Gasoline Demand, Pricing Policy and Social Welfare in Saudi Arabia

Initiative Future of Transport and Fuel Demand
Type Discussion paper
Date 12th March 2017

Abstract

In the face of low international oil prices, countries in the Gulf Cooperation Council recently implemented fuel price reform across a number of sectors. Saudi Arabia, for example, announced in December 2015 an increase in the gasoline price. We undertook a welfare analysis in this paper to estimate the net gain in social welfare that resulted from this price increase.

Authors

Anwar Gasim

Research Fellow Anwar is a Research Fellow at KAPSARC, which he joined in 2012. His research largely focuses on energy demand, energy… Anwar is a Research Fellow at KAPSARC, which he joined in 2012. His research largely focuses on energy demand, energy prices and subsidies, and energy efficiency. He leads a project on modelling final energy demand in Saudi Arabia and understanding the impacts of policies such as energy price reform. He has also led research on energy productivity and the embodied energy in international trade. Anwar holds a BEng in Electronic and Communication Engineering from the University of Liverpool and an MSc in Electrical Engineering from KAUST.

Expertise