Moscow's revenues and hinder its war effort. Thus, the European ministers agreed to trigger a cap on the gas price. To detect … the importance of the price cap for gas, we provide a mixture representation for the gas price to detect the presence of … autoregressive (VAR) model. As a result, including a lower gas price cap smooths the impact of a gas shock on electricity prices …

source of the price change. Specifically, I find that the reaction of drilling is significantly stronger after an economic … activity shock than after a gas demand shock (e.g. due to oil price fluctuations). In addition, it is shown that demand …

natural gas prices (i.e. law of one price), and the potential convergence or divergence of gas prices across the country …. First, we extract the latent common price component, which describes the evolution of the fundamental natural gas price …. Second, we gauge if U.S. regional natural gas prices follow the law of one price. Our findings confirm the difference between …

natural gas prices, emphasizing energy-specific demand shocks. Mainly, coal prices determine about 73% of gas price …