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Beyond Oil and Gas: The Methanol Economy

✍ Scribed by George A. Olah


Publisher
John Wiley and Sons
Year
2005
Tongue
English
Weight
89 KB
Volume
44
Category
Article
ISSN
0044-8249

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This study tested for the presence of risk premiums on crude oil and natural gas. The econometric analysis followed from a stochastic model in which the equilibrium value of inventories depends on a convenience yield and an option value related to price uncertainty. The empirical findings provide ra