natural gas oil prices

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if the prices of natural gas and crude oil are directly correlated what problems does this present our society

Assuming a positive correlation between the two, their prices would move in the same direction, if not by the same proportion. This would discourage long term substitution of one for the other and will create a two separate segments of the energy markets that move similarly.

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Firing Line Debate: Resolved: The Price of Oil and Natural Gas Should Be Regulated by the Fed. Govt. $10.00 Taped on March 30, 1978This show might be called a mini-debate: it follows the formal procedures–opening statements, cross-examination, rebuttals–but with a single combatant on either side. The two old adversaries go at it, as always, with good-humored ferocity. Mr. Galbraith begins by contending that a free market in oil and gas has not existed for some time: “The market has been extensively su…

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