CRUDE OIL, NATURAL GAS & BURNER TIP PARITY & BURNER TIP PARITY

摘要

No one should be surprised at the association in investors' and traders' minds between crude oil and natural gas. After all, both are hydrocarbon-based fossil fuels, and most of the early production of natural gas was "associated gas" produced as the result of drilling for the more valuable crude oil. Most natural gas discoveries in recent years have been non-associated natural gas produced from sources such as deep natural gas deposits in reservoirs too hot for crude oil, tight sands and shale. The largest known source of methane on the planet, seabed hydrates, has no association with crude oil at all.