The highest average gas price was $3.64 in 2012, which is 167% more expensive than a decade earlier. What year did gas go over one dollar?The average price of gas first went over $1 a gallon in 1980, when it went from $0.86 per gallon to $1.19 per gallon. When was the last ...
A loophole in the 1978 Natural Gas Policy Act is allowing 450 billion cubic feet of deregulated gas into the delivery system that is still covered by a complex price-control formula. Deep-gas producers feel the 1978 law is working fine, while distributors and customers worry about both ...
America still runs on petroleum, and amid a growing global lockdown where people are driving significantly less (or even not at all), gasoline has been driven to an all-time low pricing courtesy of the coronavirus. Such is the case with one gas station in Cleveland,...
In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com. More articles by this source-> ...
Chinese natural gas has soared from 14.2 billion cubic metres (bcm) in 1978 to 283 bcm in 2018, nearly 20 times as much, with an average annual growth rate of 7.8% [12]. However, China's gas consumption accounts for only 8% of its total energy consumption, which is much lower than ...
In view of the large oil-price increases that occurred after the passage of the Natural Gas Policy Act of 1978, legislators are concerned that the value of natural gas is increasing faster than provided for by the price schedules in the act. Upon decontrol in 1985, gas prices could move ...
Experimental work on the solubility of CH4 (e.g., Haas, 1978; Price, 1979) permits estimation of the solubility of CH4 over much of the range of pressures, temperatures, and salinities characteristic of sedimentary basins (Kharaka et al., 1988; Spycher and Reed, 1988). High concentrations...
Decontrol of the wellhead price of natural gas under the Natural Gas Policy Act of 1978 ended the general shortage of natural gas, which had begun in the 1960s. It also led to dislocations in gas markets because of regulatory uncertainti... RT Smith,ASD Vany,RJ Michaels - 《Contemporary...
He forecasted that proved natural gas reserves would peak 8 years later (i.e., in 1970), and that production would peak after another 8 years (i.e., in 1978), at 20 trillion cubic feet per year, about the same rate as the previous peak of discoveries [132]. Among European countries...
1978 Orange County Archives // Flickr 1978 - Absolute gas price: $0.67- Inflation-adjusted price: $2.65 (#34 least expensive year in 84-year span) Just a few years after the 1973 oil shock, a second crisis reared its head. Consumer inflation was steadily increasing, and though the Federal...