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Fossil Fuel Price Assumptions 2023 Final ReportAugust 2023 Crown copyright 2023 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/opengovernmentlicence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gsi.gov.uk. Where we have identified any thirdparty copyright information you will need to obtain
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How to fill out fossil fuel price

01
Identify the type of fossil fuel (e.g., gasoline, diesel, natural gas).
02
Gather relevant data including historical prices and market trends.
03
Determine the geographic region for which the price applies.
04
Consider factors influencing prices such as production costs, taxes, and supply-demand dynamics.
05
Input the collected data into an appropriate pricing model or spreadsheet.
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Ensure that the data is accurate and reflects current market conditions.
07
Review and adjust the prices as necessary based on forecasts or changes in the market.

Who needs fossil fuel price?

01
Energy companies for pricing strategies.
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Government agencies for regulatory purposes.
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Consumers for budgeting and planning.
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Research institutions studying energy markets.
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Fossil fuel price refers to the market value assigned to fossil fuels such as coal, oil, and natural gas, which varies based on supply and demand conditions, geopolitical factors, and market speculation.
Entities involved in the production, distribution, or sale of fossil fuels, such as oil companies, refineries, and energy suppliers, are typically required to file fossil fuel price information with relevant regulatory authorities.
Filling out fossil fuel price usually involves reporting accurate pricing data for fossil fuels sold or distributed during a specified reporting period, and may require adherence to specific forms or guidelines provided by regulatory agencies.
The purpose of fossil fuel price reporting is to ensure transparency in the energy market, enable regulatory oversight, inform policy decisions, and provide consumers and investors with accurate information about energy costs.
Information that must be reported typically includes the type of fossil fuel, quantities sold, prices at which they were sold, date of transactions, and the parties involved in the transactions.
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