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The commission set the price of gas below the market rate, resulting in price distortions. The low prices encouraged consumption and discouraged production. By the 1970s, there were shortages of price-regulated interstate gas, while unregulated gas within the gas-producing states (intrastate gas) was plentiful, but more expensive.
1 Nm 3 of any gas (measured at 0 °C and 1 atmosphere of absolute pressure) equals 37.326 scf of that gas (measured at 60 °F and 1 atmosphere of absolute pressure). 1 kmol of any ideal gas equals 22.414 Nm 3 of that gas at 0 °C and 1 atmosphere of absolute pressure ... and 1 lbmol of any ideal gas equals 379.482 scf of that gas at 60 °F and ...
The nominal value of the commodity bundle at a point of time is the total market value of the commodity bundle, depending on the market price, and the quantity, of each good in the commodity bundle which are current at the time. A price index is the relative price of a commodity bundle. A price index can be measured over time, or at different ...
Gas prices are up — there's no doubt about that. But there are ways to make your trip to the pump less painful. Check out these 8 gas apps and save when you fill up.
The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon .
American drivers had it rough back in 1981. The average price of gasoline spiked to $1.353 a gallon that year — up from $1.221 in 1980 and more than double the price just three years earlier.
The main petroleum component used in blending avgas is alkylate, which is a mixture of various isooctanes. Some refineries also use reformate.All grades of avgas that meet CAN 2–3 [further explanation needed], 25-M82 [further explanation needed] have a density of 6.01 pounds per US gallon (720 g/L) at 15 °C (59 °F).
The main utility of these websites is that they allow users to find the lowest price of gasoline in their area, since gasoline prices often vary significantly between gas stations in the same neighborhood. In addition to listing prices for particular filling stations, some of sites also show the average cost of gasoline in the area and price ...