Gas Prices
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Propane Gas Prices
So you thought the fuel in the white container attached to your barbecue grill is some cheap fuel? You were wrong! Propane is a versatile fuel and it does not come cheap. Today there is a rising demand for propane across many sectors, such as residential and commercial, petrochemicals, farming, transportation, and several other industries.
Propane is extracted from natural gas or refinery gas streams, and its prices vary according to the custome Read More...
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Natural Gas Prices
The value chain of the gas industry consists of oil and gas exploration, drilling, gas processing, transmission and distribution, and the final end users such as residences and industries. After three years of stable residential gas expenditures, the forecast for this year indicates a rise of 40 percent.
The price components of natural gas are production costs, processing costs and the transmission costs. There are number of players such as the Read More...
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Gas Prices
Gas prices fluctuate according to the price of crude oil. The price of crude oil, in turn, is determined by the world market and depends on the balance between world demand and supply. Currently, few countries supply the world’s oil, as these are the only countries that have oil reserves and production. The oil demand, however, encompasses demand from most of the world’s nations.
Another factor that determines pricing is how much gasoline we dem Read More...
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