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Learn how natural gas prices are driven by supply and demand, oil prices, and market mechanisms in the US and other regions. Compare natural gas prices in different countries and units, and see historical trends and charts.
Learn about the history, production, and consumption of natural gas in the US, the largest source of energy production and electricity generation in the country. Find out the top gas-producing areas, companies, fields, and wells, and the impact of shale gas on the industry.
Henry Hub is a distribution hub on the natural gas pipeline system in Erath, Louisiana, owned by EnLink Midstream Partners LP. It is the location of the pricing point for natural gas futures contracts and OTC swaps traded on NYMEX and ICE, and interconnects with nine interstate and four intrastate pipelines.
The current average gas price in the US is $3.10. In California, it’s $4.49, according to AAA. That’s not an anomaly — Californians consistently pay more for gas than the rest of the country.
Natural gas is a mixture of gaseous hydrocarbons, mainly methane, with traces of other gases. It is a fossil fuel formed by the decomposition of organic matter under heat and pressure, and it can be used for heating, cooking, electricity, and manufacturing.
Learn about the geology, history and production of shale gas from the Marcellus Formation in the eastern United States. The Marcellus Shale is the largest source of natural gas in the U.S., covering 104,000 square miles and requiring hydraulic fracturing to extract the gas.
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