Gasoline retailers set the gas price at the pump; however, many of the factors are beyond their control, such as the market price of crude oil, distribution interruptions, the work of speculators, the value of the dollar and taxes. Refining and composition requirements also contribute.
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 prices can be converted from units such as Ccf or Mcf to prices in terms of BTUs, Therms and similar units through the use of natural gas unit conversion charts. Natural gas conversion tools allow simple conversions between natural gas units such as MMcf and BTU, which allows a user to c
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.
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
PFDistributors.com and HVACware.com provide natural gas pipe charts with BTU per hour ratings. The PFDistributors.com chart covers specialized high-pressure pipelines, and HVACware.com’s chart is for regular gas lines.
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.
While most of the price fluctuations at the gas pump are tied to the price of crude oil, other factors, including supply and demand changes, commodity speculation, regulatory changes and weather, also play a role. However, these effects are not always immediate, and may take months to affect gas pri
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.
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.