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
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
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.
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.
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 and a non-renewable energy source. While it is available in abundance in 2014, like petroleum, there is a limit to the amount of natural gas available. The primary compound in natural gas is methane, so if it leaks without being burned, it is a greenhouse gas.
The average residential prices for natural gas vary based on the state. In July 2015, the average was $11.68 per 1000 cubic feet in California, $24.58 in Florida, $13.65 in Michigan and $11.33 in Delaware.