This grant provides the recipient, the university of oklahoma (OU), funds to conduct research to identify, describe, and assess the interaction between petroleum product futures and crude oil…

Ended Block Grant Awarded Last action

Award ID
DEEI0003004
Recipient
Awarding agency
Obligated
$79,995

Award facts

Assistance listing
81.138 State Heating Oil and Propane Program
Completion date
Place of performance
Norman, OK 73019, USA

Award details come from USAspending.gov.

Description

This grant provides the recipient, the university of oklahoma (OU), funds to conduct research to identify, describe, and assess the interaction between petroleum product futures and crude oil futures markets. The principal aim of the study is to determine whether petroleum product futures determine crude oil futures prices or whether crude oil futures prices determine product futures prices. The study also investigates whether petroleum product prices follow the asymmetric response given changes in oil prices.

Transactions

Action Obligated Date
Amendment Closeout action on DE-EI0003004 -$5
Amendment $0
Original award $80,000

Quick answers

Who received award DEEI0003004?

DEEI0003004 was awarded to University Of Oklahoma by Department of Energy on September 22, 2016.

How much is award DEEI0003004 worth?

$79,995 has been obligated on DEEI0003004.

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