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Cenex Oil and Gas Pricing
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A 5 page paper evaluating Harvard case study 9-189-038. Cenex is an oil refiner contemplating greater focus on asphalt production rather than gasoline in the face of federal gas tax increases of more than 100 percent in 1981. It is reasonable to predict that asphalt demand – and therefore price – will increase as increased funds become available through highway taxes attached to gasoline, but the company appears not to have fully considered the inelastic nature of gas prices. Its predictions of reduced consumption are questionable. Bibliography lists 4 sources.
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Pages:
5
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Filename:CC6_KScenex.rtf |
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Paper Title:
Cenex Oil and Gas Pricing
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