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One GGE of natural gas is 126.67 cubic feet (3.587 m 3) at standard conditions. This volume of natural gas has the same energy content as one US gallon of gasoline (based on lower heating values : 900 BTU/cu ft (9.3 kWh/m 3 ) of natural gas and 114,000 BTU/US gal (8.8 kWh/L) for gasoline).
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)
The volume of natural gas with heating value of one dekatherm is about 910 to 1,026 cubic feet (25.8 to 29.1 m 3). Noncombustible carbon dioxide (CO 2 ) lowers the heating value of natural gas. Heavier hydrocarbons such as ethane (C 2 H 6 ), propane (C 3 H 8 ), and butane (C 4 H 10 ) increase its heating value.
Yet other definitions are in use for industrial gas, [5] where, in the US, a standard cubic foot for industrial gas use is defined at 70 °F (21.1 °C) and 14.696 psia (101.325 kPa), while in Canada, a standard cubic meter for industrial gas use is defined at 15 °C (59 °F) and 101.325 kPa (14.696 psia).
A quad is a unit of energy equal to 10 15 (a short-scale quadrillion) BTU, [1] or 1.055 × 10 18 joule (1.055 exajoules or EJ) in SI units. The unit is used by the U.S. Department of Energy in discussing world and national energy budgets. The global primary energy production in 2022 was 637.8 quad, i.e., 672.9 EJ. [2]
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 ...