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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Autores principales: Hong Li, Hui-Ming Zhang, Yuan-Tao Xie, Di Wang
Formato: article
Lenguaje:EN
Publicado: KeAi Communications Co., Ltd. 2017
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Acceso en línea:https://doaj.org/article/bdcc8498e72f40669d8f5a3208832255
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spelling 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)
institution DOAJ
collection DOAJ
language EN
topic Natural gas
Henry Hub
Factor analysis
Science
Q
Petrology
QE420-499
spellingShingle 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
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