Daily price adjustments in the U.S. market for natural gas

被引：0
|
作者：
Bopp A.E. [1 ]
机构：
[1] James Madison University,
来源：
Atlantic Economic Journal | 2000年 / 28卷 / 2期
关键词：
International Economic; Public Finance; Actual Amount; Daily Observation; Price Adjustment;
D O I：
10.1007/BF02298365
中图分类号：
学科分类号：
摘要：
A daily model of cash market for natural gas in the U.S. is presented and estimated over 1997. The model develops the notion that the expected rather than the actual amount of gas in storage (along with weather) and storage changes impact the current daily cash price. These notions are supported by the estimations presented. At the daily observation level, reported changes in storage levels are signals that actual consumption or production are either as expected and result in no price pressure or are not as expected and do result in price pressures.
引用
收藏
页码：254 / 265
页数：11
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