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Prices reached a low of around (2006 US) $17/Mcm in the late 1940s, when more than 20 percent of the natural gas being withdrawn from U.S. reserves was vented or flared.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.
Natural gas. Natural gas (also called fossil gas, methane gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane (95%) [ 1] in addition to various smaller amounts of other higher alkanes. Traces of carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. [ 2]
In addition to providing government subsidies, the GNERC was able to increase the prices of electricity and natural gas in Georgia to buffer the costs of recovery from the state's reform process. [84] Following these reforms, distribution has been increasingly more reliable, approaching consistent 24-hour-a-day services.
The Georgia Public Service Commission ( PSC) is a statutory organ of the state government of Georgia; elected among five commission districts, the board consists of a Chairman, a Vice-chairman, and three Commissioners. PSC regulates telecommunications, transportation, electric and natural gas services in the U.S. state of Georgia. [1]
Natural gas production 1973-2022 U.S. natural gas monthly production, imports, and exports Discovered shale gas deposits as of June 2016 Natural gas production by State Natural gas was the United States ' largest source of energy production in 2016, representing 33 percent of all energy produced in the country. [ 1 ]
At one time 19 natural gas suppliers were approved to supply gas to natural gas customers. However, by 2002, 90% of Georgia residents were served by 3 or fewer marketers. [4] In 2007, Georgia had 1,793,650 residential and 127,835 commercial customers.
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