The demand curves for competitive firms, however, are almost perfectly elastic because no matter how these firms change their production, in a perfectly competitive economy, there are so many firms out there that its production will not affect anything.onopolistic competition, because there are so many relatively weak firms, there are no barriers to entry. Companies can enter the market relatively easily (although, of course, not as perfectly easy as in perfect competition). This makes for a long-term equilibrium competition of no profit.
How Is Natural Gas Produced. Natural gas is found in oil fields, natural-gas fields and coal beds. Since natural gas isn't a pure product, it needs to undergo processing before it can be used as consumer fuel. The gas is extracted from a field using a decompression process called retrograde condensation.
Natural gas. 117.0. The amount of CO2 produced when a fuel is burned is a function of the carbon content of the fuel. The heat content, or the amount of energy produced when a fuel is burned, is mainly determined by the carbon (C) and hydrogen (H) content of the fuel.Heat is produced when C and H combine with oxygen (O) during combustion.Natural gas is primarily methane (CH4), which has a higher energy content relative to other fuels, and thus, it has a relatively lower CO2-to-energy content.eat is produced when C and H combine with oxygen (O) during combustion. Natural gas is primarily methane (CH4), which has a higher energy content relative to other fuels, and thus, it has a relatively lower CO2-to-energy content.