Osmundsen, Petter; Asche, Frank; Sandsmark, Maria - 2021
became physically integrated. The oil-linked Continental gas price became dominant, due to both the large volume of the … autarky - as a natural experiment to explore if decoupling of natural gas prices from prices of other energy commodities, such … as oil and electricity, took place. Using monthly price data, we find a highly integrated market where wholesale demand …