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For example, US dollars or other currency per million British thermal units, thousand cubic feet, or 1,000 cubic meters. Note that, for natural gas price comparisons$, per million Btu multiplied by 1.025 = $ per Mcf of pipeline-quality gas, which is what is delivered to consumers.
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]
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 ...
The bill for a typical residential heating customer who uses 73.6 hundred cubic feet (ccf) of natural gas per month, and purchases their supply from UGI, will increase on June 1 from $90.94 to $95 ...
In the U.S., utility gas prices in September were 70% higher than in recent years. Europeans, who already pay much higher for natural gas, saw bills rise sharply by 50% — for example, in Estonia.
Natural gas prices at the Waha Hub in West Texas have been negative a record number of times so far ... Waha gas closed at -$0.845 per million British thermal units and sank as low as -$4.595 in ...
One GGE of natural gas is 126.67 cubic feet (3.587 m 3) at standard conditions. This volume of natural gas has the same energy content as one US gallon of gasoline (based on lower heating values: 900 BTU/cu ft (9.3 kWh/m 3) of natural gas and 114,000 BTU/US gal (8.8 kWh/L) for gasoline). [22]
Yet other definitions are in use for industrial gas, [5] where, in the US, a standard cubic foot for industrial gas use is defined at 70 °F (21.1 °C) and 14.696 psia (101.325 kPa), while in Canada, a standard cubic meter for industrial gas use is defined at 15 °C (59 °F) and 101.325 kPa (14.696 psia).
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