Natural gas is a cleaner fuel than coal and crude oil and is becoming increasingly important with governments across the world encouraging the production and use of natural gas over coal and crude oil for energy generation.
This is because of a relatively small contribution of natural gas to ConocoPhillips? stock value compared to other petroleum products produced by ConocoPhillips such as crude oil, natural gas liquids, gasoline, distillates, fuel oil, and a variety of others.
But since at least May, the margin between crude and wholesale gas prices has increasingly shrunk, according to AAA's Fuel Gauge Report, a daily updated indicator of retail gasoline prices.