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The Supply, Demand, and Average Price of Natural Gas under Free-Market Conditions

Editor's note: The following paper is of particular interest because the model it summarizes is based an a market equilibration process that generates gas prices differently than the models discussed in our special issue on gas deregulation (October 1982). It should be pointed out that while this paper was reviewed by a panel of expert readers, it has not undergone the anonymous refereeing process that is standard for scholarly papers published in The Energy Journal.

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Energy Specializations: Natural Gas – Markets and Prices

JEL Codes: Q41: Energy: Demand and Supply; Prices, Q40: Energy: General, Q35: Hydrocarbon Resources, Q38: Nonrenewable Resources and Conservation: Government Policy, L95: Gas Utilities; Pipelines; Water Utilities

Keywords: Natural gas, Energy modeling, Gas supply and demand, Gas prices

DOI: 10.5547/ISSN0195-6574-EJ-Vol4-No1-6

Published in Volume 4, Number 1 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.


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