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Podcast: Podcasts - Oxford Institute for Energy Studies
Episode: OIES Podcast - What drives international gas prices in competitive markets
Description: In this latest OIES podcast, brought to you by the Gas Programme, James Henderson talks to Mike Fulwood about his latest paper on global gas prices. The podcast starts with a brief discussion about the history of gas pricing and the globalisation of the gas market, highlighting the vital role played by LNG in joining up what was previously a series of regional markets. The podcast then examines four common fallacies associated with gas prices recently – the cost stack fallacy, the marginal price fallacy, the Europe hooked on Russian gas fallacy and finally the fallacy that the TTF market wa...