(TEC; Tokyo; edlinks.che.com/5829-536) has developed a new, cryogenic process for extracting natural-gas liquids (NGLs; ethane, propane, butane and other hydrocarbons) from liquefied natural gas (LNG). The Coreflux-LNG process boasts an ethane recovery efficienc...
The time series properties of crude oil and NGL production are important because of the effect of disruptions in crude oil production on economic activity.1 Following the approach in Hamilton (2005), a simple framework for examining the effects of energy supply disruptions on economic activity is ...