I don't know to be honest with you
There is no telling when the world will run out of natural gas. This all depends on whether or not it is conserved.
never
yea i think so
after some 51 years
inelastic commodities are those with few or no substitutes. The importance of natural gas as the current state are unparalleled and for that matter makes it inelastic, that however is only a short-run issue; in the long run other commodities like coal, and thermal energy would place the substitute role on natural gas thereby moving it to an elastic good. Natural gas would only be inelastic in the short-run
There is no telling when the world will run out of natural gas. This all depends on whether or not it is conserved.
dumb a##, fireplaces dont run on gasoline, they run on natural gas
There will always be some natural gas.
never
Natural gas will simply run out, and no longer be available as a form of energy.
The natural gas pipelines run under the house. you can run it from the middle of the house or where the hook up is to the garage for best gas usage.But the line should be outside as much as possible.
Natural gas is inelastic in the short term because the amount of natural gas available does not tend to increase with demand. In the long run prices can become more elastic due to the ability to adjust your overall consumption of natural gas to match the supply.
Probably oil, maybe natural gas
yea i think so
Natural gas, propane, electricity, steam, & diesel.
after some 51 years
inelastic commodities are those with few or no substitutes. The importance of natural gas as the current state are unparalleled and for that matter makes it inelastic, that however is only a short-run issue; in the long run other commodities like coal, and thermal energy would place the substitute role on natural gas thereby moving it to an elastic good. Natural gas would only be inelastic in the short-run