The authors discuss some key features of the natural gas cash and futures markets for natural gas in the USA. Also they summarize some important and intems ' Ye* problems in these markets. For exam le, the market does not appear to mformationally efficient throughout tl e USA. This lack of efficiency has been addmssed by the establishment of a second future wntract market. There is ah a very active unregdated derivatives market in which options and swaps are brought and sold. Although the market has changed significantly to better respond to changes in market conditions there are still problems in the way that pipeline space is allocated by pipeline companiea, who still own the pipe, to those companies that have rights to this space. There are also problems in that prices for gas and transport are not transparent to many buyers and sellers.
Derived Gaseous Fuels %I01 41 a Chemical conversion of carbon dloxldr by catalytic hydrogrnatlon and room temperature photoslectrocatalyala Ichikawa, S. Energy Convers. +I&, Jun.-Sep. 1995, 36, (6). 613-616. Conversion of effluent carbon dioxule to fuels is one of the possible mcthods to decrease its emission into the atmosphere. The concept of 'chemical recycling' is expected to become a universal practice in the long run not only for its relevancy to CO, but also as a means to solve energy problems by revitalixing flue gases in general through catalytic pmcesses. This report gtves new results on the developments of a rhodium-manganese catalyst for high-conversion of CO, to methane b photoelcctrocatalytic process to convert E contact catalytic process and a 0s to useful chemrcals. 96lo1419 Coal and coalbed methane resource potential of the Bowaer Baaln, northern Brltlah Columbla Ryan, B. D. and Dawson, F. M. Energy Sources, 1995, 17, (l), 107-129. Discusses the estimated methane resource potential, the recoverable reserves and recovery of the gas. 96lOl420 Coal gaaltlcatlon technology at low temperaturea ml412 Apparatus for coal gaalflcatlon Katsuta, Y. et aL, (Assigned to) Babcock Hitachi IX, JAP. Pat.