Search results
Results from the WOW.Com Content Network
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.
For premium support please call: 800-290-4726 more ways to reach us more ways to reach us
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 ...
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]
There is some disagreement on which country has the largest proven gas reserves. Sources that consider Russia in possession of the world's largest proven reserves include the US CIA (47,600 cubic kilometers), [ 2 ] the US Energy Information Administration (EIA) (49,000 km 3 ), [ 3 ] and OPEC (48,810 km 3 ). [ 4 ]
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]
Natural gas is a mixture of gases containing approximately 80% methane (CH 4) and its heating value varies from about or 10.1 to 11.4 kilowatt-hours per cubic metre (975 to 1,100 Btu/cu ft), depending on the mix of different gases in the gas stream. The volume of natural gas with heating value of one dekatherm is about 910 to 1,026 cubic feet ...