What are natural gas prices today?
What are natural gas prices today?
Energy
| Name | Price | Unit |
|---|---|---|
| Natural Gas (Henry Hub) | 4.37 | USD per MMBtu |
| Ethanol | 2.22 | USD per Gallon |
| Heating Oil | 56.27 | USD per 100 Liter |
| Coal | 154.00 | USD per Ton |
What are Nymex prices?
Refined Products
| Index | Units | Price |
|---|---|---|
| XB1:COM RBOB Gasoline (Nymex) | USd/gal. | 226.26 |
| HO1:COM Heating Oil (Nymex) | USd/gal. | 207.79 |
| QS1:COM Gasoil (Nymex) | USD/MT | 582.50 |
| JX1:COM Kerosene (Tokyo) | JPY/kl | 62,650.00 |
What is the price of natural gas per gallon?
Let’s assume the cost for natural gas is $15.00 per 1,000 cubic feet. This means that $15.00 will purchase approximately 1.03 million BTU’s of energy. This would be equivalent to 11.26 gallons of propane. At $2.50 per gallon of propane, natural gas would be a more cost effective energy solution.
Is natural gas expensive?
So, let’s get the easy part out of the way: is natural gas expensive? The answer, we can happily say, is no. In fact, it’s not expensive at all! When compared to oil and propane, the two other common fuel sources in the United States, natural gas is more cost-effective than both-and not by a minor margin!
Is natural gas a commodity?
Natural gas, as a commodity, is a convenient energy source that is piped directly from oil fields into homes. Produced domestically, it is distributed to more than 60 million homes and is considered to be a key source in generating electricity and providing energy for new homes.
What are natural gas futures?
Natural Gas futures are standardized, exchange-traded contracts in which the contract buyer agrees to take delivery, from the seller, a specific quantity of natural gas (eg.