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For rough comparisons, one million Btu is approximately equal to a thousand cubic feet of natural gas. [8] Pipeline-quality gas has an energy value slightly higher than that of pure methane, which has 10.47 kilowatt-hours per cubic metre (1,012 British thermal units per cubic foot).
The therm (symbol, thm) is a non-SI unit of heat energy equal to 100,000 British thermal units (BTU), [1] and approximately 105 megajoules, 29.3 kilowatt-hours, 25,200 kilocalories and 25.2 thermies. One therm is the energy content of approximately 100 cubic feet (2.83 cubic metres) of natural gas at standard temperature and pressure. However ...
A decatherm is 10 therms or one million Btu. ... 1,000 cubic feet (28 m 3) of natural gas yields ≈ 1,000,000 Btu ≈ 1 GJ. For natural gas price conversion 1,000 m ...
A million decatherms is a trillion BTU, roughly a billion cubic feet of natural gas. The price of natural gas varies greatly depending on location and type of consumer. The typical caloric value of natural gas is roughly 1,000 BTU per cubic foot, depending on gas composition.
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Price per million BTU of oil and natural gas in the US, 1998-2015 Natural gas prices spiked to $23.86 on February 17, 2021 because of the Texas power crisis. [14] In February 2003 there was a similar spike in natural gas prices because of shortages. [15]
Natural gas prices surged more than 20% on Monday after a wave of forecasts over the weekend predicted incoming arctic air could set the U.S. up for the coldest January in a decade or more.
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.