Abstract
In this paper, we suggest a simple econometric procedure for identification of bottlenecks in the US natural gas pipelines network. We claim that there is a bottleneck between two nodes of the network if their spot gas prices are not co-integrated. Existence of bottlenecks is attributed to insufficient pipeline capacity between two such nodes. We find that the network is separated into three local markets: Northeast, Midwest and California.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
