Natural Gas Analysis of Changes in Market Price

By General Accounting Office

Book Id: WPLBN0000197310
Format Type: PDF eBook
File Size: 3.2 MB
Reproduction Date: 2005

Title:	Natural Gas Analysis of Changes in Market Price
Author:	General Accounting Office
Volume:
Language:	English
Subject:	Government publications, Accountability in government, United States. General Accounting Office
Collections:	Government Library Collection, Government Accountability Integrity Reliability Office Collection
Historic Publication Date:
Publisher:	United States General Accounting Office (Gao)


Citation APA MLA Chicago Office, G. A. (n.d.). Natural Gas Analysis of Changes in Market Price. Retrieved from http://www.gutenberg.us/

Description
Government Accountability Integrity Reliability Office Collection

Excerpt
Excerpt: Price spikes occur periodically in natural gas markets because supplies cannot quickly adjust to demand changes. In 2000-2001 for example, natural gas supplies were constrained and demand skyrocketed, leading to the perfect environment for the price spike shown below. While market forces make natural gas prices susceptible to price volatility, investigations are underway to determine if natural gas prices were manipulated in the Western United States during the winter of 2000-2001.