Tag: Nymex

  • United States Natural Gas Prices to 2015

    By: Michelle Michot Foss

    For 2005, total United States natural gas consumption as reported by the US Energy Information Administration (USEIA)2 was just below 22 Tcf3, which was about 1 Tcf less than the historic high of 23 Tcf reached in 2000. At roughly 19 Tcf, the total figure for marketed production reported by USEIA was lower than the […]

  • The Term Structure of Oil Futures Prices

    By: J. Gabillon

    In recent years, there has been a massive development of derivative financial products in oil markets. The main interest came from large energy end-users who found in them a welcome opportunity to lock in fixed or maximum prices for their supplies over a period of time. Oil companies and oil traders were able to provide […]