The Weak Tie Between Natural Gas and Oil Prices

Several recent studies establish that crude oil and natural gas prices are cointegrated, so that changes in the price of oil appear to translate into changes in the price of natural gas. Yet at times in the past, and very powerfully in the last two years, many voices have noted that the two prices s...

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Bibliographic Details
Main Authors: Ramberg, David J., Parsons, John E.
Format: Working Paper
Language:en_US
Published: MIT Center for Energy and Environmental Policy Research 2011
Online Access:http://hdl.handle.net/1721.1/61777