{"title":"Driving Forces Behind Gas Price in Global Markets","authors":"","doi":"10.46544/ams.v28i1.12","DOIUrl":null,"url":null,"abstract":"Gas is a fossil fuel belonging to non-renewable and essential energy sources. Although its reserves are, contrary to oil, sufficient, we expect the gas extraction to peak and gradually dwindle to nothing soon. The figures on natural gas prices gave us a breeding ground for research based on correlation analysis and time series regression using multilayer perceptron networks. The outcomes proved no measurable effect of government decisions on the global gas trends. The study foresaw that natural gas value will be highly variable through 2023 since gas rates go through regular cycles lasting several years. First, the course sends the price soaring and then lets it fall to its original value. Other contributory factors involve adopted legislation, prices of related commodities, weather changes, the Czech Crown exchange rate and the situation abroad. The war between Russia and Ukraine is one example of inflation.","PeriodicalId":50889,"journal":{"name":"Acta Montanistica Slovaca","volume":" ","pages":""},"PeriodicalIF":2.2000,"publicationDate":"2023-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Acta Montanistica Slovaca","FirstCategoryId":"89","ListUrlMain":"https://doi.org/10.46544/ams.v28i1.12","RegionNum":4,"RegionCategory":"地球科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"GEOSCIENCES, MULTIDISCIPLINARY","Score":null,"Total":0}
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Abstract
Gas is a fossil fuel belonging to non-renewable and essential energy sources. Although its reserves are, contrary to oil, sufficient, we expect the gas extraction to peak and gradually dwindle to nothing soon. The figures on natural gas prices gave us a breeding ground for research based on correlation analysis and time series regression using multilayer perceptron networks. The outcomes proved no measurable effect of government decisions on the global gas trends. The study foresaw that natural gas value will be highly variable through 2023 since gas rates go through regular cycles lasting several years. First, the course sends the price soaring and then lets it fall to its original value. Other contributory factors involve adopted legislation, prices of related commodities, weather changes, the Czech Crown exchange rate and the situation abroad. The war between Russia and Ukraine is one example of inflation.
期刊介绍：
Acta Montanistica Slovaca publishes high quality articles on basic and applied research in the following fields:
geology and geological survey;
mining;
Earth resources;
underground engineering and geotechnics;
mining mechanization, mining transport, deep hole drilling;
ecotechnology and mineralurgy;
process control, automation and applied informatics in raw materials extraction, utilization and processing;
other similar fields.
Acta Montanistica Slovaca is the only scientific journal of this kind in Central, Eastern and South Eastern Europe.
The submitted manuscripts should contribute significantly to the international literature, even if the focus can be regional. Manuscripts should cite the extant and relevant international literature, should clearly state what the wider contribution is (e.g. a novel discovery, application of a new technique or methodology, application of an existing methodology to a new problem), and should discuss the importance of the work in the international context.
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