Conventional oil and gas production and Specialty amines and ethanolamines

Their prices have moved together.

Conventional oil and gas production (energy) and Specialty amines and ethanolamines (chemical): 1 relationship.

How they are linked

1. Price link: gas treating demand

Cost and price · Strong · Both ways

Amine solutions such as MDEA remove carbon dioxide and hydrogen sulphide from natural gas and refinery streams. The oil proxy correlates at 0.31 for monthly moves and 0.81 for yearly moves, as oil also sets petrochemical costs.

• 0.31 monthly change correlation
• 0.81 12-month change correlation
• 0.32 fitted elasticity

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