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No, Teflon tape will not stop a gas leak. In fact, no type of tape is the solution to a gas pipe leak. If you suspect a leak, turn off your home’s gas supply and contact a pro or your utility immediately. Teflon tape is only for preventing leaks during pipe installation, not for repairing existing leaks.

Costs depend on furnace size, ductwork modifications, labor, and efficiency ratings of the chosen system.

Even if you invested in the cost of a gas shut-off valve for your oven and other appliances, it’s a good idea to add a seismic shut-off valve as an extra safety measure. 

Gas shut-off valves for appliances are manual, meaning someone has to cut off the flow of gas. This leaves room for error, as you might not be home or might be too distracted to think about gas lines during an earthquake. An earthquake valve is automatic and will protect your home from gas-related disasters in the event of an earthquake.

Modern gas fireplaces are relatively efficient and don't burn excessive amounts of gas, especially compared to older models. A gas fireplace might use between 10,000 to 40,000 BTUs per hour; the total amount of gas used depends on the fireplace's size, heat output, and how often it's in use. To help keep your running costs down, consider using a thermostat and turning off the fireplace when not needed to minimize gas consumption