Natural Gas Components – Natural gas is one of the most popular fuels available for residential energy customers. The most common residential uses of natural gas are for space heating, water heating, fireplaces, cooking and clothes drying. According us the U.S. Energy Information Administration, 55% of all households use natural gas as fuel source. Because […]
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Texas natural gas price is a key driver of the U.S. economy due to its use as a direct fuel, fuel for electric power generation, and manufacturing feedstock. Earlier this year, the U.S. Energy Information Administration released its Annual Energy Outlook 2014 with analysis and projections to 2040 on all aspects of the energy sector. […]
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There are many factors that affect natural gas prices. As a commodity, natural gas prices are affected by supply and demand factors. Supply-side factors include production volume, storage volume, and import-export volume. Demand-side factors include economic growth, fluctuations in weather, and the prices of alternative fuels such as oil and coal. Natural Gas Supply Unlike […]
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