CNG, LPG and biogas distribution and Unconventional oil and gas

Their prices have moved together.

CNG, LPG and biogas distribution (energy) and Unconventional oil and gas (energy): 1 relationship.

How they are linked

1. Price link: co-product

Cost and price · Strong · Both ways

Shale wells, especially in wet gas plays, yield large volumes of natural gas liquids, and the shale boom made the US the main propane exporter. Propane rises and falls with oil, with monthly moves correlating at 0.60 and yearly moves at 0.81, though storage gluts can drag it lower.

• 0.60 monthly change correlation
• 0.81 12-month change correlation
• 0.66 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.