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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). Natural gas as it comes out of the ground is most often predominantly methane, but may have a wide range of energy values, from much lower (due to dilution by non ...
Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison. As of 2020, the most expensive non-synthetic element by both mass and volume is rhodium. It is followed by caesium, iridium and palladium by mass and iridium, gold and platinum by volume.
If this creates enough upside momentum then look for a rally into $2.720 to $2.747.A sustained move under $2.687 is likely to fuel a downside bias today with $2.610 to $2.600 the primary downside ...
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. Natural gas in the United States is traded as a futures contract on the New York Mercantile Exchange. Each contract is for 10,000 million BTU or 10 ...
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Natural gas has been the largest source of electrical generation in the United States since July 2015. In 2012, the United States produced 25.3 trillion cubic feet of marketed natural gas, with an average wellhead value of $2.66 per thousand cubic feet, for a total wellhead value of $67.3 billion. [2]
In 1994, the US National Institute of Standards and Technology (NIST) defined "gasoline gallon equivalent (GGE) [as] 5.660 pounds of natural gas." [1] Compressed natural gas (CNG), for example, is a gas rather than a liquid. It can be measured by its volume in standard cubic feet (ft 3) at atmospheric conditions, by its weight in pounds (lb ...
If one considers the lower heating value instead of the higher heating value, the value for one BOE would be approximately 5.4 GJ (see tonne of oil equivalent). Typically 5,800 cubic feet of natural gas is equivalent to one BOE. The United States Geological Survey gives a figure of 6,000 cubic feet (170 cubic metres) of typical natural gas. [2]