Because 80 percent of all U.S. drilling is related to natural gas, natural gas prices will likely dictate drilling activity, which is primarily inland based.
There are many factors that gas stations use to determine the price of gasoline. One of the biggest factors is the supply of crude oil, less supply will equal higher prices. Interruptions in the distribution network has an effect, such as a natural disaster that makes delivery of gasoline more difficult. The value of the U.S. dollar can have an impact on the overall price of gas. The most complex factor in gasoline prices is the oil trading market, depending on how the oil market is doing will factor into how much is paid at the pump.
Sep - Oct 2011 bill reflected BGE Natural Gas Commodity at .5675 per therm & .5605. They were switching to winter rates.
i think the gas price was .25.
Because its expensive to build power stations and transport but once people use crude oil less then it will go down because money would go into natural gas production instead of crude oil
True
You nincompoop I am artyfarty2001
As of July 2014, the market cap for Gas Natural Inc. (EGAS) is $132,981,639.48
As of July 2014, the market cap for Northwest Natural Gas Company (NWN) is $1,240,448,999.86.
A Natural Gas Price Chart can be found on the CNBC website, as well as YCharts, SeekingAlpha, The CME Group, and InfoMine. Natural gas prices can vary day to day.
The price of natural gas is currently $4.16. The price has been rising steadily for the last few months. One can monitor it's price on the US Energy Information Administration website.
HEATING: During cold months, typically November through March, residents and businesses use more natural gas for heating. If the winter months are unusually frigid, there is a higher demand for natural gas. With a higher demand for natural gas, the price increases. SEVERE WEATHER: Severe weather can affect natural gas prices. Much of the production of natural gas comes from the Gulf Coast of the United States, which are prone to hurricanes. When hurricanes hit, the production of natural gas along the coast is hindered, which causes the price of natural gas to rise. LACK OF DEMAND: A decrease in demand for natural gas leads to lower prices for natural gas. During an economic downturn, consumers use less natural gas, resulting in a surplus of natural gas. This surplus drives the price of natural gas down.
It is the average of the daily settlement price of the next 12 months futures contracts for natural gas.
the price of a gallon of gas in 2012 is $2.99
Try eBay or amazon.com
Natural gas is a traded commodity on the market like oil, or any common stock. Therefore its price can fluctuate, sometimes wildly, especially dependent on the supply and demand for it. As of January 14, 2010, it was at $5.58 per 1000 cubic feet.
Propane is sold in gallons.
At the present time, the price of natural gas is significantly lower than the price of electricity.