- Hubbert theory
http://en.wikipedia.org/wiki/Peak_oil
http://www.energyshop.com/es/homes/gas/gaspriceforecast.cfm Gas Price Forecast (US)
http://www.rice.edu/energy/publications/geopoliticsofnaturalgas.html Baker Energy Forum - Geopolitics of Natural Gas
http://powerencounter.blogspot.com/2005/07/referencias-internacionales-del-precio.html Power Encounter - Referencias internacionales de los precios del Gas Natural
http://www.cge.uevora.pt/aspo2005/abstracts.php IV INTERNATIONAL WORKSHOP ON OIL AND GAS DEPLETION
http://www.eia.doe.gov/oiaf/aeo/gas.html#ngc EIA forecast: Natural Gas trends
http://www.iea.org/textbase/work/2002/forum/Faveppt.pdf Presentation, 2002 - Oil and Gas prices decoupling?
http://www.worldenergy.org/wec-geis/global/downloads/bea/BEA_Seminar1105_Stern.pdf Gas and Oil Prices - Economic logic and possible scenarios
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=667324 - Is it all oil?
After opening up of the Interconnector, the liberalized UK natural gas market and the regulated Continental gas markets became physically integrated. The oil-linked Continental gas price became dominant, due to both the large volume of the Continental market and to the fact that the significant call options embedded in the complex take-or-pay contracts make these contracts the marginal source of supply. However, in an interim period - after deregulation of the UK gas market (1995) and the opening up of the Interconnector (1998) - the UK gas market had neither government price regulation nor a physical Continental gas linkage. We use this period - which for natural gas markets displays an unusual combination of deregulation and autarky - as a natural experiment to explore if decoupling of natural gas prices from prices of other energy commodities, such as oil and electricity, took place. Using monthly price data, we find a highly integrated market where wholesale demand seems to be for energy rather than a specific energy source.
Keywords: energy markets, price interlinkages, cointegration analysis
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