Henry Hub as an important transaction hub for natural gas sets the gas price standard in the USA. In this paper, the factors influencing Henry Hub natural gas prices are analyzed, and the major factors determining the...Henry Hub as an important transaction hub for natural gas sets the gas price standard in the USA. In this paper, the factors influencing Henry Hub natural gas prices are analyzed, and the major factors determining the price levels in the period between January 1997 and December 2016 are studied. It is found that economic conditions, total energy demand, US dollar exchange rate and gas consumption are the major factors. The mechanism of each factor influencing the Henry Hub natural gas price is also explored in the paper.展开更多
基金supported by the National Social Science Foundation of China,2015(Grant No.ZDA059)the National Science Foundation of China,2013(Grant Nos.71373014 and 71303045)+3 种基金the Energy Foundation(USA)Projects,2012(Grant No.12YJAZH056)the special fund of the Research on the Generalized Virtual Economy,2011(Grant No.G-1111-15134)the Philosophy Social Planning project of the Ministry of Education of the People’s Republic of China,2011(Grant No.GX2011-1017Y)‘‘the Fundamental Research Funds for the Central Universities’’in UIBE(No.15YQ09)
文摘Henry Hub as an important transaction hub for natural gas sets the gas price standard in the USA. In this paper, the factors influencing Henry Hub natural gas prices are analyzed, and the major factors determining the price levels in the period between January 1997 and December 2016 are studied. It is found that economic conditions, total energy demand, US dollar exchange rate and gas consumption are the major factors. The mechanism of each factor influencing the Henry Hub natural gas price is also explored in the paper.
