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Prices reached a low of around (2006 US) $17/Mcm in the late 1940s, when more than 20 percent of the natural gas being withdrawn from U.S. reserves was vented or flared.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.
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 ...
The National Balancing Point, commonly referred to as the NBP, is a virtual trading location for the sale and purchase and exchange of natural gas in the United Kingdom. [ 1] It is the pricing and delivery point for the ICE Futures Europe ( IntercontinentalExchange) natural gas futures contract. It is the second most liquid gas trading point in ...
A natural gas glut in the US has sent prices for the commodity tumbling to multi-decade lows, down 43% over the past year.At West Texas's key trading spot, the Waha Hub, prices have been negative ...
UK wholesale spot price for natural gas June 2021 to January 2023. Starting from August 2021, high European wholesale natural gas prices started severely impacting the United Kingdom. Due to a combination of unfavourable circumstances, including soaring demand of gas in Asia, diminished gas supply from Russia to the European markets, low gas ...
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 ...
The Title Transfer Facility, more commonly known as TTF, is a virtual trading point for natural gas in the Netherlands. This trading point provides facility for a number of traders in Netherlands to trade futures, physical and exchange trades. Set up by Gasunie in 2003, it is almost identical to the National Balancing Point (NBP) in the United ...
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 ...
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