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In this paper we investigate the time-varying relationship between oil and natural gas in the UK. We develop a model where relative prices can move between pricing-regimes; markets switch between being decoupled and integrated. Our model endogenously accounts for periods where oil and natural...
Persistent link: https://www.econbiz.de/10010212645
deviation between crude oil and gas price changes in the US. The empirical results suggest the necessity to establish trading …
Persistent link: https://www.econbiz.de/10012289913
. Using 10%-15% as discount rates and WTI prices between $50 and $60/bbl, the natural gas price result of EMV is between $ 4 ….96 and $ 7.99/MMbtu. Using the Bolivian tax incentive gas price should be between $2.29 and $5.16/MMbtu. Under the … in place, and the price of LNG is around $ 6.84/MMbtu; the opportunity cost of Brazil importing gas from Bolivia is $ -0 …
Persistent link: https://www.econbiz.de/10012136716
We use micro-level data on fuel consumption, mileage, and travel mode to study plug-in hybrid drivers’ response to fuel prices. When fuel prices rise, plug-in hybrids reduce fuel consumption more than gasoline and diesel cars. They do not reduce their mileage but increase electric recharging,...
Persistent link: https://www.econbiz.de/10014578158
-2020, we find for manufacturing establishments a gas price elasticity of labor demand of -0.02, likely reflecting a scale … effect. We also show that a rise in the gas price leads to an increase in establishment closure. A negative impact of the gas … price on wages of 2 percent is consistent with rent-sharing. …
Persistent link: https://www.econbiz.de/10014247013
2020, we find for manufacturing establishments a gas price elasticity of labor demand of −0.02, likely reflecting a scale … effect. We also show that a rise in the gas price leads to an increase in establishment closure. A negative impact of the gas … price on wages of 2 percent is consistent with rent-sharing …
Persistent link: https://www.econbiz.de/10014358623
Persistent link: https://www.econbiz.de/10003559743
The present paper studies the effect of an upward correction of the natural gas price on the Russian domestic market …. Russia has the largest gas reserves in the world and currently produces around 550 billion cubic meters of gas each year … industrial producers. The pricing of natural gas is currently a hot topic in Russia, as the Russian government proposes to …
Persistent link: https://www.econbiz.de/10011522021
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Persistent link: https://www.econbiz.de/10001452531