Gas versus oil prices. The impact of shale gas
AbstractWhat significance will developments in shale gas production have for European gas prices? Some commentators paint a gloomy picture of the future gas markets. But most forecasts for the oil market are positive. Consequently, a view appears to prevail that price trends will differ sharply between oil and gas markets. This article looks at developments in US shale gas production and discusses their impact on the movement of European gas prices. The relationship between oil and gas prices over time is also analysed.
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Bibliographic InfoPaper provided by University of Stavanger in its series UiS Working Papers in Economics and Finance with number 2011/6.
Length: 18 pages
Date of creation: 28 Nov 2011
Date of revision:
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- A10 - General Economics and Teaching - - General Economics - - - General
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