What Drives Natural Gas Prices?

By Stephen P. A. Brown, Mine K. Yttcel. 2008

355 citations recorded by the source corpus.

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Asymmetric and nonlinear pass-through of crude oil prices to gasoline and natural gas prices (2014, neutral): “For example, Brown and Yucel (2008) document that there was a 10-1 relationship between the price of one barrel of oil and the price of one million BTUs of natural gas in the 1990s but this relative price relationship declined to a 6-1 ratio more recently as the oil and natural gas prices rise.”
Linking Natural Gas Markets - Is LNG Doing its Job? (2009, background): “Existing literature analyzes the relation of different commodities (Hartley et al., 2008, Brown and Yücel, 2008, Villar and Joutz, 2006) and argues in favor of a long-run stable relationship of crude oil and natural gas prices.”
The Relationship of Natural Gas to Oil Prices (2008, methodology): “Brown and Yücel (2007) used an ECM to analyze weekly prices from January 1994 through July 2006.”
The Switching Relationship between Natural Gas and Crude Oil Prices (2014, background): “…the long-term relationship between natural gas and crude oil prices have found that the series are generally cointegrated (Serletis and Herbert (1999); Villar and Joutz (2006); Bachmeier and Griffin (2006); Brown and Yucel (2008); Hartley, Medlock and Rosenthal (2008); Ramberg and Parsons (2012))1.”