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regressions, controlling for macroeconomic factors such as economic development, GDP growth, urbanisation, as well as the energy …
Persistent link: https://www.econbiz.de/10012643539
Persistent link: https://www.econbiz.de/10010360804
The upheaval in global crude oil markets and the boom in oil production from shale plays in North America have brought scrutiny on the export ban for crude oil in the United States. This paper examines the global flows and strategic refinery adjustments in a spatial, game-theoretic...
Persistent link: https://www.econbiz.de/10011435957
When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing, conventional linear models of price dynamics such as the Vector Error Correction Model (VECM) can lead to erroneous inferences about cointegration relationships, price adjustments...
Persistent link: https://www.econbiz.de/10010486860
The conventional and traditional fuel sources are becoming more and more expensive to extract and their indiscriminate use over the years has resulted in their depletion. Hence, there is an urgent need to commercialise the alternate source of fuel that is eco-friendly and affordable. There are...
Persistent link: https://www.econbiz.de/10013086202
One of the main reasons for the drop in oil prices that began in 2014 was a rapid increase in U.S. oil production—it reached the level of the other two biggest producers, Russia and Saudi Arabia, that same year. That, in turn, decreased U.S. demand for imported petroleum and hence put downward...
Persistent link: https://www.econbiz.de/10012962823
Council – was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a … final energy consumption, and improved energy efficiency. We find that the renewable and energy-efficiency targets have been …
Persistent link: https://www.econbiz.de/10012892222
made in the face of rising global energy demand. Here a thoroughly validated dynamic econometric model (Eq 1) is used to … forecast global energy demand growth (International Energy Agency and BP), which is driven by an increase of the global … population (UN), energy use per person and real GDP (World Bank and Maddison). Even relatively conservative assumptions put a …
Persistent link: https://www.econbiz.de/10012978618
Energy products such as power, gas, and oil have long been the world's premier commodities. Consumers demand that power … comes from. So for years energy companies believed that efforts to differentiate their products were mostly ineffective … how energy commodities are produced has begun to splinter previously integrated energy markets, creating markets for …
Persistent link: https://www.econbiz.de/10012851952