Skip to main content
U.S. Department of Energy
Office of Scientific and Technical Information

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