Natural Gas Price Volatility- Natural Gas Supply and Demand

natural gas supply demand
Natural gas is the fastest growing energy source worldwide, and its share of total energy consumption, according to the EIA, is projected to increase from 23% in 1999 to 28% in 2020. For the United States, the gas share is predicted to increase from 23.6% in 2000 to 26.5% in 2020. Gas is the cleanest of the fossil fuels, and it is the preferred choice for new electric power plants driven by gas turbines. Coal is likely to remain the lead fuel for power generation, but natural gas will expand its share considerably. (more…)

Natural Gas Fuel’s Advantages and Limitation

natural gas advantage
Natural gas is found mainly in underground reservoirs and in coal beds. Natural gas is a fossil fuel that consist primarily of methane and some smaller amounts of hydrocarbons subtracts like ethane, propane and butane. There might be some inert gas like nitrogen, helium, and carbon dioxide involved and dissimilated into natural gas. The actual mixture composition is varies depending upon the region where that natural gas is found. (more…)