Australian Rare Earths

Australian Alternative Energy Forum

Not Really a Forum, more of my memory aid.

Comments on this forum should never be taken as investment advice.

Go Back   Alternative Energy Forums > Alternative Energy Discussion > Gas

Thread Tools Display Modes
Old 09-03-2023, 01:23 AM
Sparty Sparty is offline
Join Date: Mar 2009
Posts: 1,677
Default Natural gas demand is growing

Natural gas prices are expected to rise moderately in 2023 and 2024, although nowhere near the highs seen in 2022. US natural gas production is expected to remain flat in 2023 and 2024.

Natural gas is used primarily as a heating fuel and to generate electricity. It is also used in manufacturing and as a vehicle fuel.

Natural gas is lighter than air and needs to be cooled to -260 degrees Fahrenheit before it becomes liquid.

Natural gas has no odor, but companies add the chemical mercaptan to give it a rotten egg odor so that leaks can be detected.

Natural gas and oil often occur together.

Natural gas is used to make a variety of products, including ammonia, vinyl flooring, carpeting, Aspirin and artificial limbs.

Natural gas vehicles produce fewer emissions than traditional petroleum-based vehicles.

Hydraulic fracturing, or fracking, can cause small earthquakes near drilling and extraction sites.

Fracking has also been controversial for other reasons, such as the use of industrial chemicals and the amount of water used in the process.

Despite being a fossil fuel, natural gas is often considered a "cleaner" energy option than coal or oil.

Natural gas demand is growing, both in the US and globally.

Natural gas prices can rise or fall depending on the weather. Read full article:
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

All times are GMT. The time now is 09:56 PM.

Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.