Are Natural Gas Flows Responsive to Price Spikes?
Uria, Rocio and Jeffrey Williams
Differences in natural gas prices between pricing centers in California and other locations in the North American network have displayed, in the last few years, values that are difficult to justify in terms of traditional spatial price equilibrium models. Here, we document those extreme values and offer some explanations.
natural gas, California, price difference, spatial, flow, spike
Uria, Rocio and Jeffrey Williams. 2007. "Are Natural Gas Flows Responsive to Price Spikes?" ARE Update 10(3): 1-4. University of California Giannini Foundation of Agricultural Economics.