Gas prices around the world vary widely despite being connected by international trade of liquefied natural gas (LNG). Some industry observers argue that major exporters have acted irrationally by not arbitraging prices. This is also diffi cult to reconcile with a competitive model in which regional price differences exist solely because of transport costs. We show that a model which incorporat...

In the past 10–15 years, innovations in hydraulic fracturing and horizontal drilling have fueled a boom in the production of natural gas from geological formations that were previously unprofitable. The rapid deployment of fracking has been accompanied by concerns about negative externalities. In response, a regulatory regime has emerged that requires disclosure of chemical additives, but prese...

US shale gas production is generally expected to continue its fast rise. However, a cautious evaluation is needed. Shale gas resource estimates are potentially overoptimistic and it is uncertain to which extent they can be produced economically. Moreover, the adverse environmental effects of ever more wells to be drilled may lead to a fall in public acceptance and a strengthening of regulation....

We analyze policies to promote renewable sources of electricity. A renewable portfolio standard raises electricity prices and primarily reduces gas-fired generation. A “knee” of the cost curve exists between 15% and 20% goals for 2020 in our central case, and higher natural gas prices lower the cost of greater reliance on renewables. A renewable energy production tax credit lowers electricity p...

use of zinc and iron oxide are common in the desulfurization process from natural gas. in thisresearch, after determinations of the size and specifications through tem and xrd for each of the metaloxides, two different size ratios were used, 0.66 for zinc oxide and 0.142 for iron oxide. further, absorption of sulfur compounds in gas (hydrogen sulfide (h2s), carbonyl sulfide (cos), methyl mercap...

nowadays one of the most important energy sources is natural gas. by depletion of oil reservoirs in the world, natural gasâ will emerge as the future energy source for human life. one of the major concerns of gas suppliers is being able to supply this source of energy the entire year. this concern intensifies during more consuming seasons of the year when the demand for natural gas increases, r...