Download This PaperGas Versus Oil Prices: The Impact of Shale Gas
18 Pages Posted: 27 Dec 2011
Date Written: December 26, 2011
Abstract
What significance will developments in shale gas production have for European gas prices? Some commentators paint a gloomy picture of the future gas markets. But most forecasts for the oil market are positive. Consequently, a view appears to prevail that price trends will differ sharply between oil and gas markets. This article looks at developments in US shale gas production and discusses their impact on the movement of European gas prices. The relationship between oil and gas prices over time is also analysed.
Suggested Citation: Suggested Citation
Asche, Frank and Oglend, Atle and Osmundsen, Petter, Gas Versus Oil Prices: The Impact of Shale Gas (December 26, 2011). Available at SSRN: https://ssrn.com/abstract=1977108 or http://dx.doi.org/10.2139/ssrn.1977108
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