Price Formation in Natural Gas Fields

Price Formation in Natural Gas Fields PDF Author: Paul W. MacAvoy
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
This study concentrates on the economic reasons for regulation, stating the characteristics of price formation--monoploy price formation and competitive and monopsony price formation--in order to see which corresponds most closely to actul price formation.

Price Formation in Natural Gas Fields

Price Formation in Natural Gas Fields PDF Author: Paul W. MacAvoy
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
This study concentrates on the economic reasons for regulation, stating the characteristics of price formation--monoploy price formation and competitive and monopsony price formation--in order to see which corresponds most closely to actul price formation.

Foundations of Natural Gas Price Formation

Foundations of Natural Gas Price Formation PDF Author: Sergei Komlev
Publisher: Anthem Press
ISBN: 178527340X
Category : Business & Economics
Languages : en
Pages : 167

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Book Description
‘Foundations of Natural Gas Price Formation’ examines the fundamentals of natural gas price formation and the five principal features that make it unique in the world of commodities. It presents a model of hybrid gas pricing developed by Sergei Komlev from his detailed analysis of the interlinked impact of these features that is presented as a corrective to potential market failure. Using mainstream economic theory, the book presents hybrid-pricing mechanisms not previously analyzed. Through a failure to understand the role of hybrid-pricing, boosters of spot pricing mechanisms through gas hubs are promoting an incorrect understanding of gas markets that will lead to market failure and to potential critical supply shortages in the near-term future. ‘Foundations of Natural Gas Price Formation’ defends the system of oil-indexed pricing as an accurate, market-based mechanism that has stood the test of time.

Price Formation in Natural Gas Fields

Price Formation in Natural Gas Fields PDF Author: Paul W. MacAvoy
Publisher:
ISBN:
Category : Natural gas
Languages : en
Pages : 340

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Book Description


Foundations of Natural Gas Price Formation

Foundations of Natural Gas Price Formation PDF Author: Sergei Komlev
Publisher: Anthem Press
ISBN: 1785273396
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
Natural gas pricing should be as critically important to the general public as it is to industry specialists. Pricing is the basis of balancing the interests of European and Asian consumers of power and electricity with those of the limited number of potential suppliers of natural gas. Given that natural gas is a foundational transition fuel source that will not be supplanted by renewals for many, many years, the consequences of market failure from incorrect pricing mechanisms could result in the industry missing the new investment cycle. In addressing the critical balancing role of natural gas pricing, ‘Foundations of Natural Gas Price Formation’ presents an in-depth analysis of the fundamentals of natural gas price formation and outlines the distinctive characteristics of natural gas that make it a unique commodity by examining the specific factors underpinning gas pricing that result in a hybrid pricing system special to natural gas. The book argues that the patrons of spot pricing through gas hubs are promoting an incorrect understanding of gas markets that will lead to market failure and to potential critical supply shortages in the near future. ‘Foundations of Natural Gas Price Formation’ defends the system of oil-indexed pricing as an accurate, market-based mechanism that has stood the test of time.

The Economics of Natural Gas

The Economics of Natural Gas PDF Author: DeAnne Julius
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
Natural gas resembles oil in fulfilling a wide variety of uses as both a source of energy and a feedstock, but the proportion of world production that is traded internationally is very much lower, and insufficient for a world price of gas to be established. This book addresses the issues of how the economic price of gas is determined. These are illustrated with estimates of the costs of exploration and production of gas, and of the benefits to be derived from its use in various economic sectors for a number of Third World countries.

The Natural Gas Industry and the Effects of Price Deregulation

The Natural Gas Industry and the Effects of Price Deregulation PDF Author: Jose Ricardo Davila-Sanchez
Publisher:
ISBN:
Category : Natural gas
Languages : en
Pages : 129

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Book Description


Problems Identified in FERC's Incentive Pricing Program for Natural Gas from Tight Formations

Problems Identified in FERC's Incentive Pricing Program for Natural Gas from Tight Formations PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Gas
Languages : en
Pages : 80

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Book Description


China’s Gas Development Strategies

China’s Gas Development Strategies PDF Author: Shell International B.V.
Publisher: Springer
ISBN: 3319597345
Category : Science
Languages : en
Pages : 515

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Book Description
This book is open access under a CC BY 4.0 license. This book examines how China can increase the share of natural gas in its energy system. China’s energy strategy has global ramifications and impact, and central to this strategy is the country’s transition from coal to gas. The book presents the culmination of a two-year collaboration between the Development Research Center of the State Council (DRC) and Shell. With the Chinese government’s strategic aim to increase the share of gas in the energy mix from 5.8% in 2014 to 10% and 15% in 2020 and 2030 respectively, the book outlines how China can achieve its gas targets. Providing both quantifiable metrics and policy measures for the transition, it is a much needed addition to the literature on Chinese energy policy. The research and the resulting recommendations of this study have fed directly into the Chinese government’s 13th Five-Year Plan, and provide unique insights into the Chinese government and policy-making. Due to its global impact, the book is a valuable resource for policy makers in both China and the rest of the world.

Global Energy Fundamentals

Global Energy Fundamentals PDF Author: Simone Tagliapietra
Publisher: Cambridge University Press
ISBN: 1108858252
Category : Business & Economics
Languages : en
Pages : 269

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Book Description
This book provides a rigorous, concise guide to the current status and future prospects of the global energy system. As we move away from fossil fuels and toward clean energy solutions, the complexity of the global energy system has increased. Tagliapietra cuts through this complexity with a multidisciplinary perspective of the system, which encompasses economics, geopolitics, and basic technology. He goes on to explore the main components of the global energy system - oil, natural gas, coal, nuclear energy, bioenergy, hydropower, geothermal energy, wind energy, solar energy, marine energy - as well as energy consumption and energy efficiency. It then provides an in-depth analysis of the pivotal issues of climate change and of energy access in Africa.

Natural Gas

Natural Gas PDF Author: United States. Interagency Task Force on Natural Gas
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 258

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Book Description
This report contains the final technical analysis of the Project Independence Interagency Natural Gas Task Force chaired by the Federal Power Commission. The task force was formed in April 1974 to provide estimates for the Project Independence Blueprint of the potential production capabilities of the natural gas industry and the resources necessary to achieve these levels of production. The task force evaluated two alternative strategies. The first was "business-as-usual," which assumed the continuation of all current policies that could affect levels of natural gas production. The second strategy, "accelerated demand," assumed selected changes in policies or practices that would permit a greater expansion of potential production. The data support from the Natural Gas Task Force, together with estimates of resource availability, conservation and demand forecasts served as input into the Project Independence Blueprint analysis. This report is not a production or price forecast and does not represent policy or program recommendations of the Federal Energy Administration or of the other participating agencies