id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
work_5j6crogqs5ckvg3jt4ghajembm	C.K. Woo	Market efficiency, cross hedging and price forecasts: California's natural-gas markets	2006	29	.pdf	application/pdf	6894	734	73	Market efficiency, cross hedging and price forecasts: California's natural-gas markets in spot prices at Henry Hub in Louisiana, the nation's largest natural-gas spot market. at Henry Hub. And if the California natural-gas markets are efficient, this opens up the futures price at Henry Hub, or in tandem with the price of a California natural-gas basis swaps These data span the energy-crisis periods for the Western electricity and natural-gas Fig. 2 indicates relatively stable gas prices of under $10/MMBtu, except for the naturalgas-crisis period of November 2000 to May 2001 when daily prices at times exceeded SoCal Gas time series after the electricity crisis, or for the Henry Hub sequence of prices during an apparently significant relationship between California and Henry Hub natural-gas prices when causing spurious regression results due to the California and Henry Hub natural-gas prices California-market prices with those at Henry Hub also occur during the crisis period, hinting at a 	./cache/work_5j6crogqs5ckvg3jt4ghajembm.pdf	./txt/work_5j6crogqs5ckvg3jt4ghajembm.txt