Gas versus oil prices the impact of shale gas

Frank Asche, Atle Oglend and Petter Osmundsen

Energy Policy, 2012, vol. 47, issue C, 117-124

Abstract: What 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.

Keywords: Shale gas; Gas price; Market integration (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (52)

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Working Paper: Gas versus oil prices. The impact of shale gas (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:47:y:2012:i:c:p:117-124

DOI: 10.1016/j.enpol.2012.04.033

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