Natural Gas Supply, Demand and Pricing
Over the past 15 years there has been a significant transformation both in natural gas supply and natural gas consumption. Wellhead price deregulation has permitted natural gas prices to adjust freely to prevailing supply and demand conditions, and open-access transportation has allowed natural gas volumes to move freely from producers to consumers. As a result of industry restructuring, natural gas supply, demand, and prices are now subject to competitive market forces, which are largely responsible for recent efficiency gains in natural gas production.
The weather is the largest single factor affecting natural gas cost and it is also the most difficult to predict ("America's Natural Gas Supply Challenge").
Most utilities use storage as a hedge against higher prices as gas purchased and stored in the summer is typically lower priced than gas purchased during cold winter months. Storage gas can then be used in the winter to avoid paying higher prices for gas from other sources. Storage is also necessary as the available production in cold weather months may not be sufficient to meet the demands of natural gas customers during peak winter demand periods in certain regions ("Natural Gas Supply, Demand and Pricing").
Normally,...
demand: A Change in News Consumer Demand in Britain Pfanner, Eric. (28 Feb 2005) "British Papers Stem Losses, but the reader grows fickle." International Herald Tribune. From The New York Times. World Business News Retrieved 28 Feb 200528 Feb 2005 at http://www.nytimes.com/2005/02/28/business/worldbusiness/28paper.html? Consumer demand is fickle, particularly when it comes to non-necessary commodity goods and services. Media consumption, biologically speaking, is not a necessity. Nor do the physical productions of the
Results from the study by Petersen, Ragatz and Monczka show that effective collaborative planning depends on information quality, and the trust level firms share. The authors purport: "Collaborative planning activities between supply chain partners are expected to lead to better performing supply chains" (Petersen, Ragatz & Monczka, Introduction section ¶ 1). In addition, numerous other researchers have also explored the perception relating to supplier alliances, that enhanced collaborative planning
S. economy. Evers points out that gas prices ebb and flow in accordance with the law of supply and demand. Gas prices are higher because supply is limited and demand is higher. More people are concerned with gasoline because more people have cars to fill up. There is equilibrium between demanded and supplied gas. The proof of this can be found in the fact that there are not very long
Pricing Decisions Describe the strategic implications that would need to be considered in setting a price for that product The public company selected for this analysis is Coca Cola Company. The identified product of the company is the Coca-Cola 20 fl oz bottle, which can be typically obtained from a convenient store, vending machine as well as super market. There are strategic implications that would need to be taken into consideration in
Supply Push to Demand Pull: Agribusiness Strategies for Today's Consumers" by Martinez and Hayden discusses supply, demand and pricing of one of the most popular and common commodities available to man in modern society today ... food! In this article the authors discuss the change in supply, demand and pricing of food products on the open market, specifically staples including meat products such as chicken, beef and pork. They discuss
market structures and the pricing strategies which are specifically related to each of them. The introductory section of the paper gives an overview of the four major types of market structures and explains the main features which draw distinguishing lines between them. These major types of market structures are perfect competition, monopolistic competition, monopoly, and oligopoly. The second section discusses the pricing strategies which are used by competitors in
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