A Gas Price is 1) (or Natural Gas Price) is mainly driven by supply and demand fundamentals (refer to the LNG Price Formation); 2) the price of gasoline in USA (refer to the Gasoline Price); 3) Gas is the name for a special unit used in Ethereum, in which every operation is performed by a transaction or contract on the Ethereum network is paid a certain number of gas. The Gas Price is the amount of work that is the number of hours of labour, like the hourly wage for the work to be done.
Related Definitions in the Project: The Commercial Definitions
