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What do $6 trillion and $12 have in common? $12 is the premium Japan's $6 trillion economy pays for natural gas over North America. Japan on average pays $15.74 for a mmBtu of natural gas (million ...
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The commission set the price of gas below the market rate, resulting in price distortions. The low prices encouraged consumption and discouraged production. By the 1970s, there were shortages of price-regulated interstate gas, while unregulated gas within the gas-producing states (intrastate gas) was plentiful, but more expensive.
TheStreet is a financial news and financial literacy website. It is a subsidiary of The Arena Group. It is a subsidiary of The Arena Group. The company provides both free content and subscription services such as Action Alerts Plus, [ 1 ] [ 2 ] a stock recommendation portfolio co-managed by Bob Lang and Chris Versace. [ 3 ]
The heating value depends on the source of gas that is used and the process that is used to liquefy the gas. The range of heating value can span ±10 to 15 percent. A typical value of the higher heating value of LNG is approximately 50 MJ/kg or 21,500 BTU/lb. [2] A typical value of the lower heating value of LNG is 45 MJ/kg or 19,350 BTU/lb.
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It is the rate of heat transfer needed to freeze 1 short ton (907 kg) of water into ice in 24 hours. In the United States and Canada, the R-value that describes the performance of thermal insulation is typically quoted in square foot degree Fahrenheit hours per British thermal unit (ft 2 ⋅°F⋅h/Btu).