I use daily futures price data to examine the behavior of natural gas and crude oil price volatility in the U.S. since 1990. I test whether there has been a significant trend in volatility, whether there was a short-term increase in volatility during the time of the Enron collapse, and whether natural gas and crude oil price volatilities are interrelated. I also measure the persistence of shock...

Natural gas demand in the United States has been increasing for the last 15 years and is projected to grow substantially in the next 20 years. Meeting this growing demand will require an accompanying increase in supply, which is expected to come mostly from additional production in the United States. The prospect of increased U.S. production has led to ongoing efforts both to better assess our ...

This paper proposes a convenience yield-based pricing for commodity futures, which embeds incompleteness of commodity futures markets in convenience yields. By using the pricing method, we conduct empirical analyses of the prices of WTI crude oil, heating oil, and natural gas futures traded on the NYMEX in order to assess the incompleteness of energy futures markets. We show that the fluctuatio...

Aflatoxins are highly toxic and carcinogenic metabolites produced by Aspergillus parasiticus on food and agricultural commodities. Natural products may control the production of aflatoxins. The aims of this study were to evaluate the Inhibition of Aspergillus flavus (La3228) and A. parasiticus (Ab2242) growth and their aflatoxin production exposed to the essential oil extracted from fresh leave...

In this work the likelihood of asphaltene deposition problems during dynamic displacement of oil by natural gas in unconsolidated porous media is experimentally inspected. The two different rock materials, limestone and sandstone, are used as a representative of porous media. Dynamic flow experiments indicate that the increase of natural gas injection inc...

This report analyzes the technical aspects and the economics of utilizing nuclear reactor to provide the energy needed for a Canadian oil sands extraction facility using SteamAssisted Gravity Drainage (SAGD) technology. The energy from the nuclear reactor would replace the need for energy supplied by natural gas, which is currently burned at these facilities. There are a number of concerns surr...

In this study, the natural green tea extract, purified lycopene, purified resveratrol and purified γ-oryzanol were added into peanut oil and their antioxidant performances were evaluated during frying. Moreover, the sensory properties of fried dough were evaluated to determine the consumption feasibility. All natural antioxidants led to significant increase in the stability of the oil samples. ...

Abstract I n this paper we investigated total energy consumption and its individual forms (oil, natural gas, electricity, renewable energies and coal) relationship with real gross domestic product (GDP) in Iran. We employed Hsiao’s (1981) methodology and annual data which cover 1967-2010 for investigation. The empirical findings indicate there is bidirectional causality ef...