The Gas OPEC Myth analyzes the reasons why a global natural gas cartel is not yet possible. Gas market collusion requires the elimination of significant constraints including regionalization of markets, gas demand elasticity, supply glut and lack of incentive for international political cooperation. The book also adds a domestic layer by discussing the different motives for natural gas producers to avoid joint setting of prices and quantities. While several studies have pointed to the economic benefits of collusion for the natural gas exporters, their conclusions are based on strong market...