The Relationship Between Crude Oil and Natural Gas Prices
By J. Villar, Frederick L. Joutz. 2006
231 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/bad22c2a9a6227f401f2959e795e9b179192e446
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- A. Neumann
- Peter R. Hartley
- Matthew Brigida
- K. Medlock
- J. Rosthal
- Stephen P. A. Brown
- Mine K. Yttcel
- Christian O. H. Wolf
Citations in the corpus
- 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 Weak Tie Between Natural Gas and Oil Prices (2011, unknown): “Villar and Joutz (2006) examined the 1989–2005 period and found that the cointegrating relationship between logged oil and gas prices shifted up by nearly half of a percent per month, with the price of natural gas relative to crude oil having increased.”
- Asymmetric and nonlinear pass-through of crude oil prices to gasoline and natural gas prices (2014, unknown): “For example, Villar and Joutz (2006) show, from their bivariate VEC models, that a permanent shock of 20% in the WTI price leads to a 16% increase in the Henry Hub price.”
- What Drives Natural Gas Prices? (2008, background): “In contrast, a more recent study by Villar and Joutz (2006) finds oil and natural gas prices to be cointegrated with a trend.”
- The Switching Relationship between Natural Gas and Crude Oil Prices (2014, background): “Many recent studies on 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”
- The Relationship of Natural Gas to Oil Prices (2008, background): “Villar and Joutz (2006) examine the apparent decoupling of the prices of WTI crude oil and Henry Hub natural gas in more detail, finding a cointegrating relationship between the two prices that exhibits a positive time trend.”