The number of firms entering the natural gas market from 2000 to present increased tenfold. There are three main testable explanations behind this jump in firm entry: reduced production costs from higher levels of recoverable reserves, lower risk of entry from less natural gas reserve uncertainty,...
It is important to note that gas generators are relatively safer to run, but you would still need to apply the same precautions as if you were using a gasoline generator to prevent accidents and mistakes. Compare Generator Prices Generator Prices in Nigeria Plus Complete Buying Guide 3.5KVA Gene...
For producers who survive the present, gas prices will rebound 5 percent a year.Garner, Lynn
In the European Union (EU), chemical production fell sharply by 5.8% due to a sharp rise in natural gas prices. In Germany, this fell by around 12% as the production of gas-intensive basic chemicals ceased. The United Kingdom also experienced a significant decline in chemical production. In...
The article discusses issues related to gas prices. According to the Oil Price Information Service's American Automobile Association daily Fuel Gauge Report, the national average for a gallon of regular unleaded was $2.627 on June 10, 2009, which is 40% up from a month ago. Analysts say that...
Finally, converting prices from one set of units to another can lead to confusion as prices are expressed as $ per million Btu or pence per therm. This means dividing instead of multiplying when applying the relevant conversion factor. For example, converting 4 MMBtu into therms involves multipl...
stages to yield a product that contains more than 90% methane gas (Wikinson and Hudson, 2004). The existence of competitiveLNGprices can result in incentivizing alternative fuel investment strategies set by companies (Merk et al., 2018). Therefore, LNG is expected to constitute around 80% of...
The present study is different from the previous literature by investigating the asymmetric behavior of the U.S. crude oil and natural gas prices in different stages of the economic cycle. Additionally, this study examines the possible asymmetric response of the U.S. economy to the prices of th...
Although prices have since retracted, the damage remains, shown by sluggish demand levels, while the outlook is equally subdued – and not just in Europe. The World Bank has again revised down its global GDP forecast, to 2.4%, warning that the past five years will have seen the slowest hal...
General gas rewards cards earn cash back, points or miles based on how much you spend, which yields a better return when gas prices are high. Plus, you’ll have more flexibility to fill up where it’s convenient or cost-effective rather than being tied to certain stations for rewards. ...