http://allafrica.com/stories/200811200005.html

Uganda: Fuel Companies Blamed for Shortage

Dealers hold off fuel to create scarcity to keep the price high. Scarcity pushes up the price of fuel affecting the price elasticity of supply.
- elasticity of supply
- price equilibrium
- supply and demand and scarcity



http://www.reuters.com/article/businessNews/idUSTRE4AK5MD20081121?feedType=RSS&feedName=businessNews

GM cutting production amid slow demand

Due to a decrease in demand in the car industry, GM (General Motors) plans on shutting down plants in various states. Quantity supplied for GM products in the short-run, during the fixed-plant period, become more elastic as the producers have time to shut down sections of their industry in response to the change in consumer's demand.
- elasticity(fixed plant period)
-supply and demand
-subsidies (bailout of the government to help the firms)


http://www.forbes.com/business/2008/11/21/gasoline-china-taxes-biz-energy-cx_pm_1121notes.html?feed=rss_business

Fuel Tax is Coming to China

Chinese government is about to introduce a tax on fuel of about one yuan a liter. This can result in an imbalance in both price quantity equilibrium.

-effects of tax and subsidies (on fuel)
-effects on demand on the fuel market due to the subsidies
- reasons for taxes and why they would need them on