Natural gas is a commodity with some very important uses. This article explains more about Natural gas markets.
First harnessed as an energy source in 18th-century Britain, Natural Gas truly began to come into its own in the 20th century, when the construction of pipelines opened up many new markets worldwide.
By 2009, 8%of the total 850 000 km³ of estimated remaining recoverable reserves of Natural Gas, had been used. As a traded commodity, Natural Gas has historically seen volatility caused by factors explained below, although since 2010 the price has hovered below the $4.00 mark with oversupply, storage increases and changing patterns of demand.
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