| Gasoline | Own Price Elasticities | GDP Elasticities | ||||||
| Rest-of-World | United States | Rest-of-World | United States | |||||
| SR | LR | SR | LR | SR | LR | SR | LR | |
| Estimate | −0.06 | −0.26 | −0.05 | −0.11 | 0.36 | 1.61 | 0.39 | 0.84 |
| T-Stat. | −2.67 | −1.32 | −4.81 | −2.82 | 4.04 | 1.68 | 4.00 | 5.85 |
| P-Values | 0.01 | 0.19 | 0.00 | 0.00 | 0.00 | 0.09 | 0.00 | 0.00 |
| Distillate | ||||||||
| Estimate | −0.02 | −0.05 | −0.06 | −0.10 | 0.63 | 1.19 | 1.08 | 1.87 |
| T-Stat. | −1.46 | −1.37 | −4.07 | −2.88 | 3.81 | 5.31 | 4.12 | 7.13 |
| P-Values | 0.14 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Aviation Fuels | ||||||||
| Estimate | −0.03 | −0.10 | −0.08 | −0.22 | 0.10 | 0.38 | 0.51 | 1.31 |
| T-Stat. | −1.92 | −1.83 | −5.08 | −7.09 | 0.61 | 0.62 | 3.06 | 2.99 |
| P-Values | 0.05 | 0.07 | 0.00 | 0.00 | 0.54 | 0.54 | 0.00 | 0.00 |
| Residual | ||||||||
| Estimate | −0.13 | −0.23 | −0.19 | −0.79 | 0.05 | 0.09 | 1.29 | 5.33 |
| T-Stat. | −2.79 | −4.43 | −2.12 | −1.70 | 1.62 | 2.34 | 2.50 | 2.66 |
| P-Values | 0.01 | 0.00 | 0.03 | 0.09 | 0.11 | 0.02 | 0.01 | 0.01 |
| Other Products | ||||||||
| Estimate | −0.07 | −0.12 | −0.09 | −0.17 | 1.17 | 1.90 | 1.31 | 2.34 |
| T-Stat. | −2.65 | −2.11 | −4.97 | −4.05 | 4.23 | 4.25 | 3.73 | 6.72 |
| P-Values | 0.01 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LPG | ||||||||
| Estimate | −0.01 | −0.03 | −0.08 | −0.18 | 0.55 | 1.45 | 0.24 | 0.55 |
| T-Stat. | −0.41 | −0.38 | −1.70 | −2.25 | 2.21 | 16.90 | 2.21 | 4.41 |
| P-Values | 0.69 | 0.70 | 0.09 | 0.02 | 0.03 | 0.00 | 0.03 | 0.00 |
| PetCoke | ||||||||
| Estimate | −0.05 | −0.09 | −0.17 | −0.28 | 0.90 | 1.64 | 1.89 | 3.09 |
| T-Stat. | −2.53 | −2.33 | −3.74 | −6.79 | 3.07 | 21.35 | 5.19 | 5.64 |
| P-Values | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |