Natural gas is widely used as fuel in the process industries

Assignment Help Chemical Engineering

Reference no: EM131157531

Natural gas is widely used as fuel in the process industries, so the price of natural gas is often an important variable in economic analysis. Develop a 15-year forecast of U.S. natural gas prices. Historic natural gas prices are available at www.eia.doe.gov. The "industrial" price data set is most typical of the contract prices paid by large industrial consumers. Consider any structural changes that may have occurred in the natural gas market when making your forecast.

Reference no: EM131157531

Questions Cloud

How did this article fit your ethical view : Summarize the article, and provide an analysis of the author's main points. How does this article contribute to contemporary thinking about business ethics? Assess the ethical issues faced by the business leader or leaders in the article.

Estimate the power recovered from the preheated gases : If the gases leave the tower at 6 atm, 25 °C, and are expanded to, say, 1.5 atm, calculate the turbine exit gas temperatures without preheat, and if the gases are preheated to 400 °C with the reactor off-gas. Also, estimate the power recovered fro..

What are some of the best practices for building trust : What are some of the best practices for building trust? Describe and explain the six steps in the contract management process for the buyer. Make sure to define each of the three phases of the process.

Provide a regression plot with fitted equation : In particular, the assignment involves flood frequency analyses and working with historical streamflow and rainfall data - The assignment is intended to reinforce and extend your knowledge on hydrological methods and the (substantial) uncertainty as..

Natural gas is widely used as fuel in the process industries : Consider any structural changes that may have occurred in the natural gas market when making your forecast.

How might commercial terms and conditions impact the outcome : First, how might commercial terms and conditions impact the outcome? Second, analyze the potential role of the UCC on the outcome. Third, what role might applicable government regulations play on the outcome?

Sketch a block flow diagram of the process : The batch distillation product can be further purified by vacuum distillation. Sketch a block flow diagram of the process.

How does risk relate to getting the final work completed : How does risk relate to getting the final work completed? What can be done to induce fixed-price contractors to become more responsive?

What is the payback period for the set of cash flows : What is the payback period for the set of cash flows given above?

User Account

All Pages