Oil and natural gas reserve prices, 1982-2002 : implications for depletion and investment cost

A time series is estimated of in-ground prices - as distinct from wellhead prices ₆ of US oil and natural gas reserves for the period 1982-2002, using market purchase and sale transaction information. The prices are a measure of the unit investment cost (long-run marginal cost) of creating new oil a...

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Bibliographic Details
Main Authors: Adelman, Morris Albert, Watkins, G. C.
Other Authors: Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.
Format: Working Paper
Published: MIT Center for Energy and Environmental Policy Research 2009
Online Access:http://hdl.handle.net/1721.1/45009