Natural Gas

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Natural gas was once considered a useless byproduct of oil production, but now it is founding increasing usage as convenient and relatively eco-friendly (it is the cleanest-burning fossil fuel) source of energy. As there are little alternative for natural gas consumption or production even smallest changes in supply or demand can affect prices greatly. Extreme temperatures are positive for gas prices as the commodity is used for heating during winter. Gas is used for electricity generation, therefore during hot weather demand also increases with rising need for cooling.

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