The Influence of Gas-to-Liquids and Natural Gas Production Technology Penetration on the Crude Oil-Natural Gas Price Relationship
The paper examines conditions under which gas-to-liquids (GTL) technology penetration shifts the crude oil-natural gas price ratio. Technologies that enable direct substitution across fuels, as GTL does, may constrain the price ratio within certain bounds. We analyze the forecasted evolution of the...
| Main Authors: | , , , |
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| Format: | Technical Report |
| Language: | en_US |
| Published: |
MIT Joint Program on the Science and Policy of Global Change
2016
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| Online Access: | http://hdl.handle.net/1721.1/102611 |