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Natural Gas Price Today (NG=F)

2023.03.04 04:21

Natural gas is a naturally occurring mixture of gaseous hydrocarbons primarily composed of methane and other higher alkanes in smaller amounts. In most cases, there are also low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium. Because natural gas is colorless and odorless, odorizers like mercaptan are frequently added to natural gas supplies for security and to make it easier to spot leaks.

Natural gas is a non-renewable resource and a fossil fuel. It is formed over millions of years when layers of organic matter decompose in anaerobic conditions and are exposed to intense heat and pressure underground. Chemical energy is stored in the molecules of methane and other hydrocarbons, which the decaying organisms originally obtained from the sun through photosynthesis.

Burning natural gas can be used for heating, cooking, and making electricity. It is also utilized as a chemical feedstock in the production of plastics and other organic chemicals of commercial importance, but it is less frequently utilized as a vehicle fuel.

Natural gas extraction and use are a major and growing contributor to climate change. Carbon dioxide, which is released when natural gas is burned, and the gas itself are both greenhouse gases. Compared to other fossil and biomass fuels, natural gas produces almost no particulate matter and emits fewer harmful air pollutants when burned for electricity or heat.

Natural gas, on the other hand, may have a carbon footprint that is comparable to that of other fossil fuels overall due to gas venting and unintended fugitive emissions throughout the supply chain.

Natural Gas Price Today (NG=F)

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