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This rule is intended to stimulate the development of new gas storage facility in the ultimate goal of reducing natural gas price volatility. Commission Chairman Joseph T. Kelliher observed: "Since 1988, natural gas demand in the United States has risen 24 percent. Over the same period, gas storage capacity has increased only 1.4 percent.
Since 2007, gasoline prices in the UK rose by nearly 40 pence per liter, going from 97.3 pence per liter in 2007 to 136.8 pence per liter in 2012. [61] In much of Europe, including the UK, France and Germany, stations operated by large supermarket chains usually price fuel lower than stand-alone stations.
While prices have come down since the peak in June, prices were beginning to tick up again. Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again.
The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer.
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
Various fuel cans in Germany, including red plastic containers and green metal jerrycans. One US gallon (3.79 litres) of gas in an F-style can A group of 25 kg (55 lb) liquefied petroleum gas (LPG) cylinders in Malta. A fuel container is a container such as a steel can, bottle, drum, etc. for transporting, storing, and dispensing various fuels.
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30,000 m 3 (1,100,000 cu ft) blast furnace gas holder at Rautaruukki Steel in Finland. A gas holder or gasholder, also known as a gasometer, is a large container in which natural gas or town gas (coal gas or formerly also water gas) is stored near atmospheric pressure at ambient temperatures. The volume of the container follows the quantity of ...