Sentences with phrase «per mcf»
If prices return above $ 4 or $ 5 per Mcf during the next year, the acquisition could turn out very well for MFC.
https://longtermvalue.wordpress.com/
Today, excess supply has brought it to a range between $ 2 - 3 per mcf, making it extremely desirable for utilities.
From 2005 to 2010, natural gas mostly traded in a range between $ 5 - 10 per mcf.
Many utilities can generate power using either coal or natural gas, so if the latter's price gets cheap enough — typically below $ 4.50 per MCF — power companies will make the switch.
Not exact matches
The first was that natural gas prices also fell hard in 2012, hitting a 21st - century low of around $ 2 per thousand cubic feet (MCF) last June.
MCF invests up to $ 3 million per investee company.
Jerry's model indicates that no New York Marcellus shale gas wells would pay for themselves (break even) at less than $ 8 mcf (which is roughly equivalent to $ 8 per million Btus) To put that price into perspective, coal is forecast to be $ 4 MBtu out until at least 2040.