Natural Gas in the USA:
Natural gas is our country's second largest energy resource and a vital component of our energy supply. 98% of the natural gas used in the United States is from North America. But 70% of our oil is purchased from foreign nations. Natural gas is one of the cleanest, safest and most useful forms of energy — residentially, commercially and industrially. The natural gas industry has existed in the United States for over 100 years and continues to grow. Domestic natural gas reserves are twice that of petroleum. And new discoveries of natural gas and ongoing development of renewable biogas are continually adding to existing reserves. While it is a cheap, effective and versatile fuel, less than 1% of natural gas is currently used for transportation.
source: http://www.pickensplan.com/theplan/
Fueling stations:
To see fueling stations and costs in your area, check out cngprices.com.
Natural Gas in Peru:
When I was in Peru recently, I noticed cars with big tanks in the back...natural gas. Cheap, and plentiful in Peru, the have the tanks in nearly all taxis.
Using Natural Gas to generate electricity:
We currently use natural gas to produce 22% of our electricity.
Using Natural Gas to power automobiles
Data, statistics:
| Natural gas - consumption |
The total natural gas consumed in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors. |
| Natural gas - exports |
The total natural gas exported in cubic meters (cu m). |
| Natural gas - imports |
The total natural gas imported in cubic meters (cu m). |
| Natural gas - production |
The total natural gas produced in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors. |
| Natural gas - proved reserves |
The stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions. |
News: 4/2008
Though they have been a latecomer to the commodity boom, in part because prices are set in longer-term contracts and on a regional basis, U.S. natural gas futures have risen 95% this year. Liquefied Natural Gas (LNG) is already supplying more of Asia’s energy needs. Rising demand for natural gas – a cleaner fuel than coal – puts new output in high demand – an example is the battle for Central Asia’s gas. Meanwhile, analysts worry that a shortage of natural gas in the GCC (ex Qatar) might crimp economic development and net oil exports. Read the latest piece of RGE’s Jelena Vukotic Energy Power Play: Courting Central Asia and Rachel Ziemba’s Globalization of the Natural Gas Market? Also, check out our coverage “Natural Gas Supply: Rising Prices As Market Goes Global?”
VC Funding:
eCorp LLC, a Houston, Texas-based developer of natural gas storage facilities, has raised $40 million in growth capital funding from PCG Capital Partners. Get more info.
Comments (0)
You don't have permission to comment on this page.