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The Impact of Low Oil and Gas Prices on Gas Markets: A Retrospective Look at 2014-15

Author

Listed:
  • Anne-Sophie Corbeau
  • Rami Shabaneh
  • Sammy Six

    (King Abdullah Petroleum Studies and Research Center)

Abstract

In the past year, global gas prices have dropped significantly, albeit at unequal paces depending on the region. All else being equal, economists would suggest that this should have generated a positive demand response. However, “all else” was not equal. Prices of other commodities also declined while economic growth forecasts were downgraded.

Suggested Citation

  • Anne-Sophie Corbeau & Rami Shabaneh & Sammy Six, 2016. "The Impact of Low Oil and Gas Prices on Gas Markets: A Retrospective Look at 2014-15," Discussion Papers ks-1634-dp028, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:dpaper:ks-1634-dp028
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    File URL: https://www.kapsarc.org/research/publications/the-impact-of-low-oil-and-gas-prices-on-gas-markets-a-retrospective-look-at-2014-15/
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