Future petroleum-product and natural-gas price relationships
Journal Article
·
· Energy Econ., Policy Manage.; (United States)
OSTI ID:6280027
Government interferences in the oil and gas markets make historical price relationships poor indicators of future price developments. Demand generally determines short-run prices, while supply and capacity adjustments determine long-run product prices. Structural, econometric, or supply-cost-based models can be used to estimate product prices, with each approach obtaining different answers due to differences in their underlying assumption and their product-to-crude price ratios. 2 tables. (DCK)
- Research Organization:
- ICF Inc., Washington, DC
- OSTI ID:
- 6280027
- Journal Information:
- Energy Econ., Policy Manage.; (United States), Journal Name: Energy Econ., Policy Manage.; (United States) Vol. 2:3; ISSN EEPMD
- Country of Publication:
- United States
- Language:
- English
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