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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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13y ago

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Increasing price of gas and oil?

Yes, it is increasing yes, your hair is increasing too!


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.


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 are the main uses of natural gas?

Natural gas is primarily used for electricity generation, heating buildings, and as a fuel for vehicles. It is also used as a feedstock for the production of chemicals and materials, such as fertilizers and plastics. Additionally, natural gas is used in industrial processes like steel and glass production.


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.


Is their difference in Lpg and natural gas prices?

the price of a gallon of gas in 2012 is $2.99


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


What is the price of natural gas in Illinois?

Try eBay or amazon.com


What is economical gas burner or electric burner?

At the present time, the price of natural gas is significantly lower than the price of electricity.


What is this practice called a firm sells natural gas to a city for one price and sells the same gas to an outlying village at another price?

price discrimination