Material Information
- Title:
- HYDRAULIC FRACTURING, NATURAL GAS EXTRACTION AND OIL PRICE
- Physical Description:
- Book
- Language:
- English
- Creator:
- Henderson, Daniel L.
- Publisher:
- New College of Florida
- Place of Publication:
- Sarasota, Fla.
- Publication Date:
- 2014
Thesis/Dissertation Information
- Degree:
- Bachelor's ( B.A.)
- Degree Grantor:
- New College of Florida
- Degree Divisions:
- Social Sciences
- Area of Concentration:
- Economics
Subjects
- Genre:
- bibliography ( marcgt )
theses ( marcgt )
government publication (state, provincial, territorial, dependent) ( marcgt )
born-digital ( sobekcm )
Electronic Thesis or Dissertation
Notes
- Abstract:
- Following
the
development
of
novel
hydraulic
fracturing
techniques,
the
price
of
natural
gas
has
fallen
significantly
relative
to
the
price
of
crude
oil.
A
number
of
past
studies
found
that
the
prices
of
natural
gas
and
crude
oil
are
linked.
The
tie
between
the
prices
of
the
two
commodities
is
largely
due
to
the
fact
that
these
fossil
fuels
are
substitutes
in
consumption.
This
thesis
uses
an
empirical
technique
called
an
error
correction
model,
a
form
of
regression
analysis,
to
estimate
the
extent
to
which
the
prices
of
natural
gas
and
crude
oil
remain
linked
following
the
influx
of
large
supplies
of
low
cost
natural
gas.
While
high
volatility
in
the
prices
of
oil
and
gas
and
a
relatively
short
sampling
period
preclude
any
strong
conclusions,
the
findings
of
the
analysis
suggest
that,
although
the
price
of
natural
gas
has
fallen
persistently
relative
to
the
price
of
crude
oil
following
the
move
to
hydraulic
fracturing,
the
prices
remain
cointegrated:
linked
together
even
as
they
drift
apart.
This
link
suggests
that
substitution
between
crude
oil
and
natural
gas
may
still
connect
the
prices
of
these
commodities.
- Statement of Responsibility:
- by Henderson, Daniel L.
- Thesis:
- Thesis (B.A.) -- New College of Florida, 2014
- General Note:
- RESTRICTED TO NCF STUDENTS, STAFF, FACULTY, AND ON-CAMPUS USE
- Bibliography:
- Includes bibliographical references.
- General Note:
- This bibliographic record is available under the Creative Commons CC0 public domain dedication. The New College of Florida Libraries, as creator of this bibliographic record, has waived all rights to it worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.
- General Note:
- Faculty Sponsor: Khemraj, Tarron
Record Information
- Source Institution:
- New College of Florida
- Holding Location:
- New College of Florida
- Rights Management:
- Applicable rights reserved.
- Resource Identifier:
- Classification:
- S.T. 2014 H4
- System ID:
- AA00024749:00001
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