What Is The Average Cost Of Oxygen Per Gram/Pound? Average Oxygen Price

Apart from respiration, oxygen’s uses are numerous. It is used in steel-making, metal refining, pharmaceuticals, petroleum processing, glass and ceramic manufacturing, pulp and paper manufacturing and health care. It is the most widely occurring element on Earth and is an active, life-sustaining component of the atmosphere. It comprises 90% of water, two-thirds of the human body and one-fifth by volume of air. Commercially it can be prepared through liquefaction and fractional distillation of air through electrolysis of water. In various chemical industries, oxygen is used in the manufacture of nitric acid and sulfuric acid. The average oxygen price is $2.5 per gram.