Solutions%20to%20Computational%20Questions

Solutions%20to%20Computational%20Questions - Calculations A...

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Calculations A natural gas firm produces 150 Mcf of gas per day. If a thermal conversion factor is used, this quantity could also be reported as 26.7 barrels of oil equivalent. A coal mining firm produces 400 short tons per day. If a thermal conversion factor is used, this quantity could also be reported as 1720 barrels of oil equivalent. Suppose that the price of natural gas is $2.25/Mcf. This price can also be represented as $2.17 /MMBtu. Suppose that the price of oil is $62.00/barrel. This price can also be represented as $10.69 /MMBtu. Suppose that the price of coal is reported as $34.50/short ton. This price could also be represented as $1.38 /MMBtu. Suppose that the price of natural gas is reported as $3.40/MMBtu. This price can also be represented as $3.52 /Mcf. The price of oil is reported as $12.75/MMBtu. This price could also be represented as $73.95 /barrel. The price of coal is reported as $2.50/MMBtu. This price could also be represented as $62.50 /short ton. Suppose that an oil-fired power plant uses 2 barrels of oil to produce 1 MWh of electricity.
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Solutions%20to%20Computational%20Questions - Calculations A...

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