## Abstract This article analyzes the relationship between electricity futures prices and naturalβgas futures prices. We find that the daily settlement prices of New York Mercantile Exchange's (NYMEX's) CaliforniaβOregon Border (COB) and Palo Verde (PV) electricity futures contracts are cointegrate
The relation of monthly spot to futures prices for natural gas
β Scribed by John H. Herbert
- Publisher
- Elsevier Science
- Year
- 1993
- Tongue
- English
- Weight
- 512 KB
- Volume
- 18
- Category
- Article
- ISSN
- 1751-4223
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## Abstract We investigate analyst forecasts in a unique setting, the natural gas storage market, and study the contribution of analysts in facilitating price discovery in futures markets. Using a highβfrequency database of analyst storage forecasts, we show that the market appears to condition exp
An easy read, balancing the pros and cons, this book surveys the energy issue from a broad scientific perspective while considering environmental, economic, and social factors. It explains the basic concepts, provides a historical overview of energy resources, assesses our unsustainable energy syste