Petroleum Science >2017, Issue 4: 822-830 DOI: https://doi.org/10.1007/s12182-017-0192-z
Analysis of factors influencing the Henry Hub natural gas price based on factor analysis Open Access
文章信息
作者：Hong Li, Hui-Ming Zhang, Yuan-Tao Xie and Di Wang
作者单位：
School of Economics, Peking University, Beijing 100871, People’s Republic of China; Center for National Resource Economy Studies, Beijing 100871, People’s Republic of China,Center for National Resource Economy Studies, Beijing 100871, People’s Republic of China,School of Insurance and Economics, University of International Business and Economics, Beijing 100029, People’s Republic of China and School of Economics, Peking University, Beijing 100871, People’s Republic of China
投稿时间：2017-10-12
引用方式：Li, H., Zhang, HM., Xie, YT. et al. Pet. Sci. (2017) 14: 822. https://doi.org/10.1007/s12182-017-0192-z
文章摘要
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.
关键词
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Natural gas, Henry Hub, Factor analysis