Natural Gas Prices
Welcome to view the price of Natural Gas. This page provides the natural gas price per million btu and its width of price fluctuation, and also provides natural gas price charts for the past 90 days, 180 days, 1, 2, 5, and 10 years. Similar with other commodity prices, the prices of natural gas are mainly driven by supply and demand fundamentals. However, its prices may also be linked to the price of crude oil and/or petroleum products, especially in continental Europe.
Natural Gas Price Per Million Btu
Day's Range: $3.039 - $3.083
Natural Gas Prices In US Dollar
|Natural Gas||US Dollar||US Dollar||Natural Gas|
|1 Million Btu||3.042 USD||1 USD||0.32873 Million Btu|
|2 Million Btu||6.084 USD||2 USD||0.65746 Million Btu|
|5 Million Btu||15.21 USD||5 USD||1.64366 Million Btu|
|10 Million Btu||30.42 USD||10 USD||3.28731 Million Btu|
|20 Million Btu||60.84 USD||20 USD||6.57462 Million Btu|
|25 Million Btu||76.05 USD||25 USD||8.21828 Million Btu|
|50 Million Btu||152.1 USD||50 USD||16.43655 Million Btu|
|100 Million Btu||304.2 USD||100 USD||32.87311 Million Btu|
|1000 Million Btu||3042 USD||1000 USD||328.7311 Million Btu|
Natural Gas Price
Natural gas is a hydrocarbon gas mixture consisting primarily of methane, and also contains varying amounts of other higher alkanes. Sometimes it usually includes lesser percentage of carbon dioxide, nitrogen, and/or hydrogen sulfide. Natural gas is a nonrenewable resource, and is found in deep underground rock formations or associated with other hydrocarbon reservoirs in coal beds and as methane clathrates. Natural gas is often informally referred to simply as "gas". It is an energy source often used for cooking, heating and electricity generation. It is also used as fuel for vehicles and as a chemical feedstock in the manufacture of plastics and other commercially important organic chemicals.
The price of Natural gas:
Natural gas prices are mainly driven by supply and demand fundamentals, and it may be also affected by the price of crude oil or petroleum products, especially in continental Europe. The prices of natural gas in the United States had historically followed oil prices, however, in recent years have decoupled from oil and are now trending somewhat with coal prices. It is noted that the prices of natural gas delivered to consumers are $ per Mcf of pipeline-quality gas which is equal to $ per MMBtu multiplied by 1.025.
The measurement unit of natural gas: Million Btu
The Million Btu is a unit for natural gas which was defined as one thousand BTU. The abbreviation of Million Btu (M Btu or m Btu) is easily confused with the SI mega- (M) prefix which denotes multiplication by a factor of one million (×106), or or with the SI milli- (m) prefix, which denotes division by a factor of one thousand (×10−3). Therefore, in order to avoid confusion, it is commonly using the notation MMBtu or mmBtu to represent one million BTU.
The commonly units conversion for natural gas:
1 MMBtu (1 million BTU) = 1.054615 GJ
1000 ft3 of natural gas yields ≈ 1 MMBTU ≈ 1 GJ
1 ft3 of natural gas yields ≈ 1000 BTU
1000 m3 ≈ 36.906 MMBTU
1 MMBTU ≈ 27.096 m3