Need the forumula for calculating the price of natural gas and heating oil on an energy equivalent basis?

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Need the forumula for calculating the price of natural gas and heating oil on an energy equivalent basis?

For example, natural gas is much lower cost right now than heating oil,but I would like to know how that is calculated so that I can apply the forumla so some historical data and track this relationship over time.

2006-07-14 11:54:23 · 2 answers · asked by Darin G 1 in Science & Mathematics ➔ Physics

2 answers

Natural gas is not much lower than oil.

But here are all the formulas you need:
http://www.eia.doe.gov/kids/energyfacts/science/energy_calculator.html

2006-07-14 12:04:16 · answer #1 · answered by thylawyer 7 · 1⤊ 0⤋

howstuffworks has an article that explains gas prices very well, look for it...

2006-07-14 20:44:18 · answer #2 · answered by The Pokemaniac 3 · 0⤊ 0⤋