As of 2020, North American natural gas extraction and use in the electricity sector have both reached all-time highs. The combination America's increased reliance on with a potential disruption to market has several energy security implications. Additionally, policymakers interested economic resiliency will find this study's results useful for informing implications sectors' long-term planning ...

THE PURPOSE of this paper is to bring to the attention of a larger, nonspecialized audience a possible change in policy that may have wide and costly ramifications: deregulation of natural gas prices. There is some value in making even rough "guesstimates" of the economic implications of price deregulation because of the general bias that both economists and businessmen have in favor of deregul...

This paper deals with the valuation of energy assets related to natural gas. In particular, we evaluate a baseload Natural Gas Combined Cycle (NGCC) power plant and an ancillary instalation, namely a Lique…ed Natural Gas (LNG) facility, in a realistic setting; speci…cally, these investments enjoy a long useful life but require some non-negligible time to build. Then we focus on the valuation of...

Recent natural gas price increases have resulted in acutely higher fertilizer prices. Profit and environmental concerns have increased interest in identifying optimal nitrogen application rates. Previous estimates of the profit maximizing nitrogen rate (PMNR) have been estimated assuming that price is fixed and exogenous of yield. We construct a model in which price is correlated to yield shock...

In this paper we investigate natural gas producer’s reactions to changes in market prices. We estimate price elasticities of aggregated supply in the most competitive market for natural gas: the United States. Using monthly time series data form 1987 to 2012 our analysis is based on an Autoregressive Distributed Lag (ARDL) Bound Cointegration approach to obtain short and long-run elasticities o...