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The price of natural gas varies greatly depending on location and type of consumer. The typical caloric value of natural gas is roughly 1,000 BTU per cubic foot, depending on gas composition. Natural gas in the United States is traded as a futures contract on the New York Mercantile Exchange. Each contract is for 10,000 million BTU or 10 ...
Natural gas prices 2000 - May 23, 2022 Comparison of natural gas prices in Japan, United Kingdom, and United States, 2007-2011 Natural gas prices at the Henry Hub in US Dollars per million Btu for the 2000-2010 decade. Price per million BTU of oil and natural gas in the US, 1998-2015
For petroleum gases, the standard cubic foot (scf) is defined as one cubic foot of gas at 60 °F (288.7 K; 15.56 °C) and at normal sea level air pressure. The pressure definition differs between sources, but are all close to normal sea level air pressure. A pressure of 14.696 pounds per square inch (1.00000 atm; 101.325 kPa). [2]
Americans, who had been feeling some relief at the gas pump, are being hit again by rising prices. Indeed, the latest consumer price index (CPI) data, released March 12, showed that gas prices ...
The energy content (high or low heating value) of a volume of natural gas varies with the composition of the natural gas, which means there is no universal conversion factor for energy to volume. 1 cubic foot (28 litres) of average natural gas yields ≈ 1,030 Btu (between 1,010 Btu and 1,070 Btu, depending on quality, when burned)
Natural gas has been the largest source of electrical generation in the United States since July 2015. In 2012, the United States produced 25.3 trillion cubic feet of marketed natural gas, with an average wellhead value of $2.66 per thousand cubic feet, for a total wellhead value of $67.3 billion. [2]
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