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Price per million BTU of oil and natural gas in the US, 1998-2015. Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe.
LPG is composed mainly of propane and butane, while natural gas is composed of the lighter methane and ethane. LPG, vaporised and at atmospheric pressure, has a higher calorific value (46 MJ/m 3 equivalent to 12.8 kWh/m 3) than natural gas (methane) (38 MJ/m 3 equivalent to 10.6 kWh/m 3), which means that LPG cannot simply be substituted for ...
Typical gas and electricity prices rose again on 1 January 2025. ... when the latest energy price cap took effect. ... gas prices will be capped at 6.34p per kilowatt hour (kWh), ...
According to the Energy Information Administration (EIA), as of March 2022, factors that affect the price of gasoline in the United States include the price of crude oil per barrel, costs and profits related to refining, distribution, and marketing, and taxes, along with the charge set by refiners for gasoline based on based on octane levels, with higher octane levels—premium grade cost ...
In the 1980s, the cost of building an LNG liquefaction plant cost $350/tpa (tonne per annum). In the 2000s, it was $200/tpa. In 2012, the costs can go as high as $1,000/tpa, partly due to the increase in the price of steel. [79] As recently as 2003, it was common to assume that this was a "learning curve" effect and would continue into the future.
Diesel contains 128,700 BTU per US gallon, where propane contains 91,690 BTU per US gallon. If LPG is 30–40% less expensive, there may very well be a saving. Any actual savings are dependent on the relative cost of diesel versus LPG. In Australia, where diesel costs substantially more than LPG, savings of 10 to 20% are claimed. [64]
The energy content of ethanol is 76,100 BTU/US gal (5.89 kilowatt-hours per litre), compared to 114,100 BTU/US gal (8.83 kWh/L) for gasoline. (see chart above) A flex-fuel vehicle will experience about 76% of the fuel mileage MPG when using E85 (85% ethanol) products as compared to 100% gasoline.
The Wobbe index is expressed in MJ/Nm³ (where 'Nm³' indicates'm³ in Normal conditions), or sometimes in BTU/scf.In the case of natural gas (molar mass 17 g/mol), the typical heating value is around 39 MJ/Nm³ (1,050 BTU/scf) and the specific gravity is approximately 0.59, giving a typical Wobbe index of 51 MJ/Nm³ (1,367 BTU/scf).