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technological, institutional and regulatory aspects of hydrocarbon production from shale deposits in the USA. The authors analyze … factors facilitating the shale gas revolution in the USA, and find that in addition to the obvious factors, such as high … in the USA. This was characterized by a legal system that recognized property rights in mineral resources, the existence …
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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...
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