To compare natural gas rates between competing providers, visit the website of the state agency in your state that oversees that region's gas market. Some state agencies publish current rates from different providers. To compare different rates within the same company, visit that company's website t
The United States Energy Information Administration shows that the price of gas is determined by the price of oil and its associated global supply and demand. Taxes, refinery costs and exchange rates also have effects, notes Investopedia.
The highs and lows of gas prices range from lows of 31 cents per gallon in 1962 to highs of $4.09 per gallon in July 2008. Although gas prices spiked drastically in 2008, the price in 2012 was down to $3.61 per gallon.
The US Energy Information Administration lists short-term projections for natural gas prices; the website also lists production and consumption projections. Knoema also lists information collected from various sources, including production outside of the United States.
Natural gas is a fossil fuel composed of flammable gases, primarily methane, that formed from decaying organisms buried deep beneath the Earth's surface due to intense heat and pressure over thousands of years. It is one of the major energy sources throughout the United States and the world.
Natural gas is typically found 1 to 2 miles underneath the surface of the earth where it becomes trapped by large formations of porous sedimentary rock. Deposits of natural gas, known as reservoirs, are typically dome-shaped and require industrial drilling operations in order to harvest. Natural gas
Natural gas is commonly found near deposits of oil as it is created by a process that combines high temperature and compression that breaks down organic matter. Natural gas deposits are generally trapped inside sedimentary basins which serve as a reservoir that can be accessed through a drilling pro
Natural gas is an important source of energy with commercial and industrial uses and for domestic consumption in private homes. Natural gas is easily transformed into energy but is also used for heating houses and powering cars, trucks and other vehicles employed in public transport. The employment
In the United States, natural gas supplies are expected to last approximately 85 to 92 years, depending on how much natural gas is consumed every year. Around 2,214 trillion cubic feet of natural gas is available for extraction in the United States.
Some of the largest natural gas stocks are Exxon Mobil, Chesapeake Energy, Anadarko, Devon Energy and ConocoPhillips, states ProPublica. While there are over 14,000 natural gas companies in the United States, the largest companies perform about one-third of the drilling.