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Natural gas prices in the U.S. have seen four major price spikes since 1990, each larger than those before. Price spikes are likely to continue unless the U.S. returns to self-sufficiency. In contrast to its liquid petroleum resources, the U.S. has substantial remaining natural gas resources. However, many of those easiest to develop lie within its Outer Continental Shelf. Development of those resources is a topic of continuing political controversy.Craig Bolon 13:33, 9 May 2006 (UTC)[reply]


This article deals with everything, from market demand to demographic factors, except the natural gas price itself. Quite ironic.Mazarin07 (talk) 18:44, 20 June 2009 (UTC)[reply]

price plot caption and png annotation differ

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The PNG annotation says: "Y-axis: Dollars per cubic meter natural gas at Henry hub" and the plot caption says "US Dollars per MBtu". So which is it? I looked on the stated source [1] but that did not help. Can someone check this perhaps? Robbiemorrison (talk) 12:58, 26 August 2011 (UTC)[reply]

To answer my own question: 1 standard cubic foot of natural gas yields ≈ 1030 BTU (between 1010 BTU and 1070 BTU, depending on quality, when burned). But the US Department of Energy convention is to round this: one cubic foot equates to one MBtu where M indicates thousands. That still leaves a discrepancy of about 35-fold for feet to metres. Perhaps the original PNG annotation is wrong. (I am very happy I spend most of my time within the metric system.) Robbiemorrison (talk) 13:17, 26 August 2011 (UTC)[reply]

Out of Date

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This article is seriously out of date since it does not mention fracking and the huge recent drop in natural gas prices with the enormous increase of availability of fracked natural gas.

By the way 1 m³ = 35.3146 ft³ Imersion (talk) 02:35, 3 January 2012 (UTC)[reply]

Where is methane in the processing diagram?

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I see lots of gases resulting from processing, but no methane, which is the main ingredient of NG. — Preceding unsigned comment added by 68.39.110.172 (talk) 02:35, 20 March 2012 (UTC)[reply]

Absolutely useless to people from civilized nations

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What is a cubic foot? How many cubic feet in a cubic body? The civilized world calculates things in cubic meters. Le Grand Bleu (talk) 21:03, 25 July 2015 (UTC)[reply]

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