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U.S. natural gas prices were relatively stable at around (2006 US) $30/Mcm in both the 1930s and the 1960s. Prices reached a low of around (2006 US) $17/Mcm in the late 1940s, when more than 20 percent of the natural gas being withdrawn from U.S. reserves was vented or flared.
The Bloomberg Commodity Index ( BCOM) is a broadly diversified commodity price index distributed by Bloomberg Index Services Limited. The index was originally launched in 1998 as the Dow Jones-AIG Commodity Index ( DJ-AIGCI) and renamed to Dow Jones-UBS Commodity Index ( DJ-UBSCI) in 2009, when UBS acquired the index from AIG.
Gas prices tick lower. From AAA: "Despite tepid demand with fewer drivers visiting the pump, the national average for a gallon of gas only fell three cents since last week to reach $3.83. The slow ...
The Algonquin Incremental Market and Salem Lateral pipeline extensions [39] will carry natural gas from the Marcellus into New England where consumer natural gas prices are higher. [ 40 ] The Atlantic Coast Pipeline is a 600 miles (970 km) pipeline that is planned to enter service in 2019 and will draw gas from the Marcellus formation in West ...
As of Sept. 19, about 155 million barrels of crude oil, over a quarter of the stock, have been released into the economy, according to the Department of Energy.
There are a few factors contributing to today's falling gas prices. ... analysts like De Haan expect the national average to stay in the range of $3.35 to $3.70 per gallon this summer. Gas prices ...
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 ...
U.S. gas prices are continuing to rise — giving drivers across the country another headache at the pump. The national average for gas prices stood at about $3.82 a gallon on Thursday — about ...