| The value chain of the gas industry
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| | Texas has the lowest price and Hawaii
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| consists of oil and gas exploration,
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| | pays the highest price. During winter,
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| drilling, gas processing, transmission
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| | the major concern is the gas bill for
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| and distribution, and the final end users
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| | heating homes. There are various factors
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| such as residences and industries. After
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| | affecting the price of natural gas. A
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| three years of stable residential gas
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| | weak production or a disruption in the
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| expenditures, the forecast for this year
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| | production could send the prices upwards.
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| indicates a rise of 40 percent.The price
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| | For instance, the hurricanes Katrina and
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| components of natural gas are production
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| | Rita have caused production operations to
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| costs, processing costs and the
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| | shut down.Similarly, there are other
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| transmission costs. There are number of
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| | factors such as high demand, high import
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| players such as the oil and gas
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| | costs and inadequate inventories
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| companies, refineries, and long distance
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| | resulting in high prices for gas. High
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| and local transmission companies.
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| | demand comes from severe weather
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| According to the Energy Information
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| | conditions, such as prolonged cold
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| Administration, the production cost is
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| | winters and hot summers. Shortages of
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| almost 50 percent of the price. The
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| | other fuels used in industries also force
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| average wellhead price is 5.46 dollars
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| | industries to convert to natural gas
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| per thousand cubic feet in 2004. The end
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| | heating systems.There are a number of
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| user price varies according to the type
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| | ways prudent residential users could
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| of customers. The industrial price is
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| | reduce the price. To start with, energy
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| approximately $6.50 and the residential
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| | audits could be done to understand
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| prices are $10.50.The residential prices
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| | energy-saving opportunities.
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| vary among states due to the proximity of
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| | Alternatively, customers could shop for
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| the wellheads, number of pipelines
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| | low priced companies. Some states have
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| traversing the state and competition.
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| | subsidy programs for low-income groups.
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