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Prices reached a low of around (2006 US) $17/Mcm in the late 1940s, when more than 20 percent of the natural gas being withdrawn from U.S. reserves was vented or flared. Beginning in 1954, the Federal Power Commission regulated the price of US natural gas transported across state lines.
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] In 2013, the country produced 30.0 trillion cubic feet (TCF) of marketed gas. [ 3] With 7,545 billion cubic feet (BCF), the leading gas-producing ...
Henry Hub. Coordinates: 29°53′55″N 92°4′7″W. Monthly average natural gas prices, showing the location of the Henry Hub. The Henry Hub is a distribution hub on the natural gas pipeline system in Erath, Louisiana, owned by Sabine Pipe Line LLC, a subsidiary of EnLink Midstream Partners LP who purchased the asset from Chevron Corporation ...
But filling up at the gas tank isn't the only place that energy prices and climate policy collide for many Americans. About half of U.S. homes use another fossil fuel, natural gas, for space ...
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 ...
American drivers had it rough back in 1981 as the average price of gasoline spiked to $1.35 a gallon that year — up from $1.22 in 1980. This was more than double the price just three years ...
The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
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