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. Sixty percent of the production is sold domestically at prices below long term marginal cost, for households and for … policy promoting energy efficiency, increasing investments in natural gas production and bringing the natural gas price on … the domestic market closer to long term cost recovery. We will approach the issue of gas pricing through taxation of …
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This paper replicates the analysis in the paper “What Drives Natural Gas Prices?" by Stephen P.A. Brown and Mine K. Yücel. The replication confirms the results of that analysis: a long-run relationship existed between natural-gas prices and crude-oil prices during the period from June 1997 to...
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