Question: On Aug. 20, 2011, the prices for crude oil (heating value 43 MJ/kg) and natural gas were quoted as 82.26 USD/Bbl and 3.94 USD/MMBtu in

On Aug. 20, 2011, the prices for crude oil (heating value 43 MJ/kg) and natural gas were quoted as 82.26 USD/Bbl and 3.94 USD/MMBtu in the world market. Compare the prices on a comparable scale (USD/MJ). Use properties of heavy diesel to represent crude oil.

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