Shale Gas Boom Affecting the Relationship Between LPG and Oil Prices
نویسندگان
چکیده
منابع مشابه
The Relationship Between Crude Oil and Natural Gas Prices
This paper examines the time series econometric relationship between the Henry Hub natural gas price and the West Texas Intermediate (WTI) crude oil price. Typically, this relationship has been approached using simple correlations and deterministic trends. When data have unit roots as in this case, such analysis is faulty and subject to spurious results. We find a cointegrating relationship rel...
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Over 31% of the fossil fuel energy consumed in the United States comes from natural gas—even more important than coal, which accounts for 25% of the total fossil energy consumed. Unlike coal and petroleum, which can easily be shipped around the world by vessel, natural gas is almost exclusively transported by pipeline. As a result, the vast majority (over 95%) of the natural gas consumed in the...
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High-volume, slick water hydraulic fracturing of shale relies on pumping millions of gallons of surface water laced with toxic chemicals and sand under high pressure to create fractures to release the flow of gas. The process, however, has the potential to cause serious and irreparable damage to the environment and the potential for harm to human and animal health. At issue is how society shoul...
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ژورنال
عنوان ژورنال: The Energy Journal
سال: 2015
ISSN: 0195-6574
DOI: 10.5547/01956574.36.4.aogl