NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Do Americans Consume Too Little Natural Gas? An Empirical Test of Marginal Cost Pricing

Lucas W. Davis, Erich Muehlegger

NBER Working Paper No. 15885
Issued in April 2010

---- Acknowledgements -----

We thank Soren Anderson, Severin Borenstein, Judith Chevalier, Meredith Fowlie, Ed Glaeser, Ryan Kellogg, Erzo Luttmer, Peter Reiss, Catherine Waddams, Matt White, two anonymous referees and seminar participants at Duke, the University of California Energy Institute and the University of Michigan for helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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