Search results
Results From The WOW.Com Content Network
Natural gas prices are down nearly 40% year to date amid a glut in supply and a milder-than-expected winter. But analysts see an upside for the commodity going into the end of the year — in part ...
Since bumping up against support at 2.75 in mid-September, liquified natural gas price have jumped 18 percent, hitting a high above $3.20 for the first time since February. Prompting this is news ...
Natural gas markets gapped a little bit lower during the open for the week, as we broke solidly below the $3.00 level and kept falling.
In 2016 natural gas was used to provide 35% of all energy in Canada, double the amount supplied by electricity. [18] Electricity generated by natural gas was 8.5% of the nation's total. Natural gas is used to supply 50% of space heating, and 65% of water heating in homes, similarly 80% of businesses use natural gas for space and water heating. [19]
Oil production in the Permian Basin is profitable, so the natural gas continues to be produced, but disposing of it is costly: producers must burn the gas (which is subject to regulations) or pay for space on existing pipelines. As a result, the price of natural gas becomes negative; in effect, producers of natural gas pay others to take it ...
For premium support please call: 800-290-4726 more ways to reach us
Raw natural gas also may contain gaseous hydrogen sulfide and sulfur-containing mercaptans, which are removed in natural gas processing plants before the gas is distributed to consumers. The hydrogen sulfide removed in the refining and processing of crude oil and natural gas is subsequently converted into byproduct elemental sulfur. In fact ...
For premium support please call: 800-290-4726 more ways to reach us