Write an essay discusses the ways in which the market for natural gas and the market for
crude oil are similar, and the way in which they are different. In this essay I want you to
discuss important structural considerations, and to draw conclusions about the impact of
any structural differences upon the ultimate patterns of price one might expect in the two
markets. Finally, discuss the ways in which these two markets are linked, and the effect
any such linkage might have upon the observed prices of oil and gas.