Heating value (natural gas): The average number of British thermal units per
cubic foot of natural gas as determined from tests of fuel samples.
Not exact matches
The Shtokman
natural gas field, located in the Barents Sea, could hold an enormous volume
of natural gas, potentially
as high
as 3.8 trillion
cubic feet, but developing the field has proven to be prohibitively costly.
Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units)
as production growth outweighed seasonal consumption and higher exports
of the fuel.1 Spot prices saw an even larger drop
of 20.6 % (to US$ 2.81)
as the support
of December's weather - related demand spikes faded and a more normal winter pattern developed.1
Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas generally took its downward price cues from elevated US production and growth in the
natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale -
gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total
natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas inventories
of 1.38 trillion
cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for
gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas supplies) and may have overlooked intensifying demand
as US exports increasingly helped drain supplies.
The stark drop in
natural gas prices from an all - time high
of more than $ 15 per 1,000
cubic feet in 2005 to near $ 4 today results from a range
of factors including the global economic downturn, competitive coal prices, unusually warm winters, the improvement
of hydraulic fracturing («fracking») drilling techniques, and the production
of natural gas as a byproduct when drillers frack for petroleum.
The United States will continue to grow
as an important supplier
of natural gas, projected to increase to 5.3 trillion
cubic feet as unconventional
gas plays such
as the Marcellus Shale account for more than 50 percent
of U.S. production by 2030, EIA said.
The World Bank estimates that the 5.3 trillion
cubic feet (150 billion
cubic meters)
of natural gas that bubbles up at oil wells worldwide adds some 400 million metric tons
of CO2 to the atmosphere each year —
as well
as more methane.
The newly opened offshore areas are estimated to have
as much
as 17 trillion
cubic feet of natural gas.
As a result
of above - normal temperatures this winter, EIA projects that households will need less
natural gas for heating, consuming an average level
of about 62.3 thousand
cubic feet this winter.
There could be
as much
as 2,600 trillion
cubic feet (tcf)
of natural gas available domestically.63 The U.S. currently uses approximately 22 tcf per year.64 If the shale deposits meet their potential, these finds will certainly help accelerate the retirement
of coal power plants and reduce our dependence on foreign oil and our foreign exchange imbalance.
If the U.S. were instead to use that
natural gas to generate electricity
as part
of a portfolio with renewable sources
of electricity, the analysis shows that «if the entire vehicle fleet were converted to electric vehicles and high efficiency
natural gas combined - cycle power plants were used to generate all the additional electricity required, the increase in
natural gas demand would be significantly less» than if the entire fleet was burning
natural gas in its combustion engines — roughly a decrease in
natural gas usage
of 19 billion
cubic feet per day.
The development
of oil and
natural gas resources in Alaska's OCS could produce almost 10 billion barrels
of oil and 15 trillion
cubic feet of natural gas — supporting almost 55,000 new jobs and $ 145 billion in new payroll nationally,
as well
as a total
of $ 193 billion in government revenue through the year 2057.
The development
of oil and
gas resources in Alaska's OCS could produce almost 10 billion barrels
of oil and 15 trillion
cubic feet of natural gas — supporting almost 55,000 new jobs and $ 145 billion in new payroll nationally,
as well
as a total
of $ 193 billion in government revenue through the year 2057.
The BrightSource Ivanpah Solar Electric Generating Facility, which uses 320,000 mirrors to create thermal energy, still qualifies under state rules
as an alternative energy source, despite using about 1.4 billion
cubic feet of natural gas a year, according to a report by the Press Telegram.
First, the newest biennial report by the Potential
Gas Committee (PGC) says the United States has a total future natural gas supply of 2,688 trillion cubic feet (tcf) as of the end of 2012, a significant increase from its 2010 year - end estima
Gas Committee (PGC) says the United States has a total future
natural gas supply of 2,688 trillion cubic feet (tcf) as of the end of 2012, a significant increase from its 2010 year - end estima
gas supply
of 2,688 trillion
cubic feet (tcf)
as of the end
of 2012, a significant increase from its 2010 year - end estimate.
The Energy Information Agency reports that amount
as about 6 trillion
cubic feet (TCF)
of natural gas every year.
The price
of a thousand
cubic feet of natural gas at the wellhead dropped from $ 10.79 in July 2008 to
as low
as $ 1.94 in May 2012.
And
as for the homeowner paying high
gas bills:»... The U.S. currently burns about 13 billion
cubic feet per day
of natural gas for electricity generation, which means that by the end
of the year wind power will be reducing
natural gas use for power generation by 4 - 5 percent».