experienced severe, simultaneous price spikes. While frequently attributed to limited pipeline capacity serving the region, we … owing gas. This behavior blocks other firms from utilizing pipeline capacity, which artificially limits gas supply to the … region and drives up gas and electricity prices. The firms observed to withhold pipeline capacity also own non …

technological advancements including horizontal drilling and hydraulic fracturing. Increased energy development likely creates both … conventional and horizontal oil and natural gas drilling in Texas on subjective assessments of life-satisfaction and bad mental … health days for nearby residents. Horizontal drilling has statistically significant deleterious effects on well-being, but …

infrastructure is sufficient for average market conditions. Due to the strong dependency on Russian imports, however, disruptions …, and new LNG terminals) or a strategic storage policy coordinated across Europe has the potential to reduce this shortage …. The positive impact of an extended network, however, also depends on the capability of the global gas market to provide …

electricity is low and net-availability and transport capacity high. Accounting for periods of gas specific pricing is relevant … prevalent in recent years, i.e., we find no evidence of underinvestment in capacity after deregulation. …

Middle East would be a step in the right direction. The expansion of capacities for production, transport and storage of …