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Natural Gas is a commodity and as such it is bought and sold by speculators. Gas is purchased by brokers who in turn sell the gas to Natural Gas companies. They thake a profit first then the gas companies take a profit. there is nothing public about natural gas companies. They are private, for profit companies that sell natural gas to consumers like you and me. They are regulated by a commissions of people they approve of so they raise prices at will. It should be noted that natural gas is extreamly abundant in the United States and easy to extract. Gas companies have set up a network of pipe lines and distribution outlets many of which are decades old. Many of the local and civic natural gas companies were bought out years ago and now are owned by private investors. Some of the companies offer non preferred stock and will yield some dividends but nothing closely resembling the enormous profits they make on the backs of their customers. There is no competition in this market place. That is why natural gas prices are high.
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Should they raise gas prices?
They defenitly should not because 62% of Canada cannot afford the expensive gas prices the companies are charging and also so that people can have a summer vacation because every summer they raise gas prices which causes people to not go somewhere during the summer!! I Hope I Helped And Good Luck If You Are Doing A Paper!! x)
Why are gas prices going up everyday?
Because oil prices are going up so gas companies have to raise their prices so they can make a profit and not go bankrupt.
When were the gas prices so high we waited in lines for gas?
1973?
Is OPEC to blame for high gas prices If so why?
OPEC wants gas prices to be higher so that its member nations can profit more from oil.
Is it really secret societies fault that gas prices are so high?
No secret WALL STREET FUTURES drive prices up
Why do you use natural gas so much?
Because it is useful and convenient, and not too expensive.
What is the difference in gas prices today from gas prices in the 1900s?
Gasoline was 20 cents per gallon in 1913. That is equal to $4.42 in todays money. So as you can easily see gas was very expensive in the 1900s.
Why is gas so expensive?
Because of the war in the middle east. We are fighting in Iraq and Afghanistan they make the prices so much. when we are done with this war it will be less.
What Is cheaper natural gas or electricity?
Natural gas used to be much cheaper, but with rising oil prices its about on par with electric now. The price for gas will most likely continue to rise though. So, electricity is cheaper.
What is a natural gas vehicle and what is natural gas?
Natural gas is a cleaner and more efficient form of fuel than gasoline. There are many kinds of vehicles that run on natural gas, and gasoline vehicles may be converted to do so. They are slightly more expensive than gasoline vehicles, but they save you a lot of money on fuel, and are safer for the environment.
Should you have a natural gas detector in your home, and if so where can I purchase one?
Every home should have a fire detector and a natural gas detector. Natural gas can cause many health problems, and if breathed in for too long will be fatal. Go to www.instrumart.com or www.amazon.com for different products and prices available.
Why is BP burning the natural gas from the oil spill instead of collecting it?
QuantityLogisticsStorageQualityProfitabilityThe amount of natural gas being vented is so large that there are not enough resources available to gather the gas. Further, due to the way the gas is leaking, it is hard to gather the gas in good quality without picking up many other byproducts, which may be hazardous to the storage of natural gas. Also, even if they tried to collect the gas, the way the gas is leaking makes it hard to avoid natural gas leakage beyond collection.Since they cannot collect it all, there will always be some natural gas leftover, which is a working hazard for their cleanup. They cannot flare this leftover while they are collecting the gas, so it is easier to flare it all.Other considerations:There is no easy way for BP to get the natural gas from the Gulf of Mexico to consumers. There is not enough storage room for the natural gas even if BP collected it all. Natural gas is usually extracted relatively slowly, and to demand.If BP were to collect such massive amounts of unpure gas, the filtering of the gas for contaminants would be expensive. Further, the large increase in the supply of natural gas would collapse natural gas prices, reducing their profitability.
Should they raise gas prices?
They defenitly should not because 62% of Canada cannot afford the expensive gas prices the companies are charging and also so that people can have a summer vacation because every summer they raise gas prices which causes people to not go somewhere during the summer!! I Hope I Helped And Good Luck If You Are Doing A Paper!! x)
What does Mitt Romney think about gas prices?
He thinks they are to high to so he is going to lower the prices of gas
Chemical symbol for natural gas?
First of all, Natural gas is Methane, so the symbol for Natural gas is... CH4
Why are gas prices going up everyday?
Because oil prices are going up so gas companies have to raise their prices so they can make a profit and not go bankrupt.
How have the Earth's gas percentages changed over time?
The gas has changed significantly over time.Gas prices rising do to the not so abundant amount of natural gasses such as petroleum used to make gasoline.
