Analysis of factors influencing the Henry Hub natural gas price based on factor analysis
Abstract 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 stu...
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KeAi Communications Co., Ltd.
2017
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oai:doaj.org-article:bdcc8498e72f40669d8f5a32088322552021-12-02T04:30:10ZAnalysis of factors influencing the Henry Hub natural gas price based on factor analysis10.1007/s12182-017-0192-z1672-51071995-8226https://doaj.org/article/bdcc8498e72f40669d8f5a32088322552017-10-01T00:00:00Zhttp://link.springer.com/article/10.1007/s12182-017-0192-zhttps://doaj.org/toc/1672-5107https://doaj.org/toc/1995-8226Abstract 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.Hong LiHui-Ming ZhangYuan-Tao XieDi WangKeAi Communications Co., Ltd.articleNatural gasHenry HubFactor analysisScienceQPetrologyQE420-499ENPetroleum Science, Vol 14, Iss 4, Pp 822-830 (2017) |
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DOAJ |
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EN |
topic |
Natural gas Henry Hub Factor analysis Science Q Petrology QE420-499 |
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Natural gas Henry Hub Factor analysis Science Q Petrology QE420-499 Hong Li Hui-Ming Zhang Yuan-Tao Xie Di Wang Analysis of factors influencing the Henry Hub natural gas price based on factor analysis |
description |
Abstract 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. |
format |
article |
author |
Hong Li Hui-Ming Zhang Yuan-Tao Xie Di Wang |
author_facet |
Hong Li Hui-Ming Zhang Yuan-Tao Xie Di Wang |
author_sort |
Hong Li |
title |
Analysis of factors influencing the Henry Hub natural gas price based on factor analysis |
title_short |
Analysis of factors influencing the Henry Hub natural gas price based on factor analysis |
title_full |
Analysis of factors influencing the Henry Hub natural gas price based on factor analysis |
title_fullStr |
Analysis of factors influencing the Henry Hub natural gas price based on factor analysis |
title_full_unstemmed |
Analysis of factors influencing the Henry Hub natural gas price based on factor analysis |
title_sort |
analysis of factors influencing the henry hub natural gas price based on factor analysis |
publisher |
KeAi Communications Co., Ltd. |
publishDate |
2017 |
url |
https://doaj.org/article/bdcc8498e72f40669d8f5a3208832255 |
work_keys_str_mv |
AT hongli analysisoffactorsinfluencingthehenryhubnaturalgaspricebasedonfactoranalysis AT huimingzhang analysisoffactorsinfluencingthehenryhubnaturalgaspricebasedonfactoranalysis AT yuantaoxie analysisoffactorsinfluencingthehenryhubnaturalgaspricebasedonfactoranalysis AT diwang analysisoffactorsinfluencingthehenryhubnaturalgaspricebasedonfactoranalysis |
_version_ |
1718401213466148864 |