The rapid growth of domestic oil consumption in Saudi Arabia and the opportunity cost of oil exports foregone

Gately, Dermot; Al-Yousef, Nourah; Al-Sheikh, Hamad M. H.

doi:10.1016/j.enpol.2012.04.011

Cited by 56 publications

(15 citation statements)

References 11 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Saudi Arabia has long subsidized fuels and, not surprisingly, has some of the highest fuels consumption per capita in the world. Since 1971, fuels consumption in Saudi Arabia has increased nine-fold and, today, Saudi Arabia is the sixth largest oil consumer in the world while being only the nineteenth largest economy (Gately et al, 2012). Figure 4 shows fuel subsidies per capita.…”

mentioning

confidence: 99%

The Environmental Cost of Global Fuel Subsidies

Davis¹

2017

The Energy Journal

View full text Add to dashboard Cite

Despite increasing calls for reform many countries continue to provide subsidies for gasoline and diesel. This paper quantifies the external costs from global fuel subsidies using the latest available data and estimates from the World Bank and International Monetary Fund. Under preferred assumptions about supply and demand elasticities, current subsidies cause $44 billion in external costs annually. This includes $8 billion from carbon dioxide emissions, $7 billion from local pollutants, $12 billion from traffic congestion, and $17 billion from accidents. These external costs are in addition to conventional deadweight loss, estimated to be $26 billion annually. Government incentives for alternative fuel vehicles are unlikely to cost-effectively reduce these externalities as they do little to address traffic congestion or accidents and only indirectly address carbon dioxide and local pollutants.

show abstract

mentioning

confidence: 99%

The Environmental Cost of Global Fuel Subsidies

Davis¹

2017

The Energy Journal

View full text Add to dashboard Cite

show abstract

“…As shown in Figure 20, GHI average corresponds to the trend equation 0.7648 6057.7 y x = − + (8) that remains steady along the time period of the data.…”

Section: Data Gatheringmentioning

confidence: 92%

“…Saudi Arabia's economy is oil dependent. As a result, the ever-increasing consumption of oil as shown in Figure 2 is putting oil exports at risk and is holding back the growth rate of the economy [8]. On the other hand, energy production from crude oil raises the cost of kilowatt-hours.…”

Section: Introductionmentioning

confidence: 99%

Evaluation of Solar Energy Potential for the Red Sea Project, Kingdom of Saudi Arabia

Siouti¹,

Ali²

2019

View full text Add to dashboard Cite

There has been extreme utilization of petroleum derivatives in recent decades for the generation of electrical vitality, which is contaminating nature in a regularly expanding approach to respond to the exponential demand for electrical power. In light of the essential vision of Saudi Arabia's government towards the fractional change of reliance on oil as a national wellspring of economy, there is consideration for dependence on resources available inside the country, especially the potentials of renewable sources as alternatives. Saudi Arabia appreciates its geographical advantage inside the sun-belt zone, which has the most impressive sun-situated radiation total on earth. It is a correlative ideal position to consider interest in this valuable asset, through which it can achieve its vision by virtue of its promising whole deal prospects. This study highlights an approach for creating sunlight-based maps that examines the intensity of sun-radiation and its viability to deliver power. The system is to record the measures of sunlight radiation from several allocated data acquisition sites over the study area and balance them with the standard count, and later, make a sun-map in light of the yield. Likewise, the study will register the rate of energy from sun-situated radiation for the area and make preliminary proposals for the achievement of this test.

show abstract

“…Gately et al . (,b) estimated the demand for gasoline in Saudi Arabia and the OPEC countries, respectively. Narayan and Smyth () estimated aggregate oil demand for the Middle East.…”

Section: Literature Reviewmentioning

confidence: 99%

Gasoline consumption in Saudi Arabia: an analysis of consumer attitudes and perceptions using microsurvey data

2018

View full text Add to dashboard Cite

The study analyses gasoline consumption behaviour by ordinary consumers in Saudi Arabia using household‐level disaggregated survey data. We applied parametric methods to test 10 hypotheses related to gasoline consumption. To collect the data, we surveyed 1862 households across 13 regions of the country. The empirical results show that gasoline consumption is significantly affected by age, nationality, education, employment characteristics, household size, vehicle engine size, gasoline price, household location and consumers’ concern about future price change, but it is not affected by income. We also find that consumption varies among different groups within each factor and that many differences are statistically significant. The importance and contribution of this study stem from the fact that there is no research on gasoline demand using household‐level disaggregated survey data in Saudi Arabia, and thus our results should be useful to policymakers. Our study is particularly timely considering that the government is trying to move away from subsidy in the oil sector.

show abstract

The rapid growth of domestic oil consumption in Saudi Arabia and the opportunity cost of oil exports foregone

Cited by 56 publications

References 11 publications

The Environmental Cost of Global Fuel Subsidies

The Environmental Cost of Global Fuel Subsidies

Evaluation of Solar Energy Potential for the Red Sea Project, Kingdom of Saudi Arabia

Gasoline consumption in Saudi Arabia: an analysis of consumer attitudes and perceptions using microsurvey data

Contact Info

Product

Resources

About