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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
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What determines the market price of natural gas?
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.
When disaster hits why does the cost of food and gas go up?
People attempt to hoard goods, reducing supply and increasing demand. The price therefore increases.
What was the gas price in 1922?
i think the gas price was .25.
Baltimore Gas and Electric Company gas price per therm?
Sep - Oct 2011 bill reflected BGE Natural Gas Commodity at .5675 per therm & .5605. They were switching to winter rates.
The price of natural gas rose 4.8 percent in the January 1997 consumer price index the biggest one month rise since record keeping began in 1952?
True
Increasing price of gas and oil?
Yes, it is increasing yes, your hair is increasing too!
What are the main uses of natural gas?
use of natural gas is increasing in electricity because population is increasing day by day which is why use of electricity is increasing in industries home and other
Why is natural gas is better?
Each fuel has advantages and disadvantages; methane gas will be exhausted in the next 60 years (probably) and the price is increasing. Also methane gas release carbon dioxide during burning.
Why is natural gas better than uranium?
Each fuel has advantages and disadvantages; methane gas will be exhausted in the next 60 years (probably) and the price is increasing. Also methane gas release carbon dioxide during burning.
Are gas prices high in Canada because of the Libyan crisis?
It can be one of the causes: Due to Middle East uprisings and unrest, the supply of natural gas has been disrupted, reducing the supply and thus, increasing the price.
Where can someone view a natural gas price chart?
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.
What is the current natural gas price?
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.
What factors affect gas prices?
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.
What is the natural gas strip?
It is the average of the daily settlement price of the next 12 months futures contracts for natural gas.
How do new cars affect the price of gas?
If the reason for the price of gas increasing is shortage of supply, then making new cars with smaller engines might be a good idea
Is their difference in Lpg and natural gas prices?
the price of a gallon of gas in 2012 is $2.99
How you increase load electrically in Gas turbine plants?
By increasing the flow rate of the natural gas being used as the fuel.
