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2006 Reports

Macroeconomic and Industrial Effects of Higher Natural Gas Prices

Over the past year, there has been some concern over the potential economic impact of unusually high natural gas prices. Although natural gas prices declined from $10 per thousand cubic feet (mcf) in December 2005 to about $6 recently, the Energy Information Administration (EIA) expects prices to return to the unprecedented price levels of last year as we move back into this winter’s heating season. This paper examines the potential economic and industry impacts of unusually high natural gas prices.

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Macroeconomic and Industrial Effects of Higher Oil and Natural Gas Prices

In the past few years, the U.S. economy has grown at a healthy pace in the face of a relentless rise in energy prices. However, almost all analysts agree that continued energy price increases will affect the overall economy and employment, and might affect different sectors of the economy in different ways. This paper examines the possible effects of an energy price rise both at the national and industry level.

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