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The politics of petroleum pricing in Ghana

Institutions, power dynamics, and social networks

Bibliographic Data

ID12706586
AuthorsFranklin Akosa (0000-0001-6347-2783, Department of Political Science Mountcrest University College Accra Ghana, corresponding author), Paiman Ahmad (0000-0002-5887-3782, University of Raparin), Ahmad Paiman (Law and Administration Departments University of Raparin Ranya Iraq)
Year2019
Volume20
Issue2
Publication date2019-10-22
Open AccessYes
TypeARTICLE
VenueJournal of Public Affairs (JOURNAL)
Journal identifiersISSN: 1472-3891 • E-ISSN: 1479-1854
PublisherWiley (PUBLISHER • GB)
DOI10.1002/pa.2028
OpenAlexW2982242154
LanguageEN
Citations received3
References cited31

The study, drawing on the political settlement approach, examines how powers, institutions, networks, and interests influence the pricing of petroleum products in Ghana. Qualitative research approach was for the study, and purposive sampling was used to interview 24 respondents. The findings suggest the existence of power struggles among the key actors in the pricing of fuel. The findings revealed that the National Petroleum Authority, bulk distribution oil companies, oil marketing companies, International Monetary Fund, and energy policy think tanks influence result into policy. Actors influence fuel prices through taxes, policy guidelines, exchange rate, and legal actions. The study recommends that capacity of the key players should be built by the Government of Ghana so as to ensure healthy competition and stability in the pricing of petroleum products in Ghana. Political interference in the pricing of fuel should be limited so that the key players can operate successfully in the petroleum downstream

Business · Collusion · Competition (biology · Economics · Government (linguistics · Industrial organization · Nonprobability sampling · Petroleum · Political science · Politics · Power (physics · Sociology · Global Energy and Sustainability Research · Law · Market Dynamics and Volatility · Natural Resources and Economic Development · Marketing

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Citations per year0.5
Citation span2020 - 2025 (6)
Highly citedNo

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