And this is especially important during the winter, when
the demand for natural gas for home heating spikes in some parts of the country, leading to higher prices and less natural gas available for electricity generation (since home heating takes priority over electricity generation in terms of natural gas pipeline delivery contracts).
On many days, pipeline capacity is sufficient for both the local gas utilities and the natural - gas - fired power plants, but during the coldest weeks of the year, this natural gas delivery infrastructure can't meet all
the demand for natural gas for both home heating and power generation.
Due to an increase in
demand for natural gas for space and water heating, and limitations imposed by natural gas pipeline constraints, electricity generation from gas was unable to scale up, and the burden was transferred to oil as dual fuel generators switched over.
Not exact matches
Under this scenario, by 2040 global energy
demand will be significantly larger than it is now; oil, coal, and
natural gas each will account
for about one - quarter of total
demand, and solar and wind together will account
for roughly 5 %.
The drivers behind OPEC's forecast include steadily rising economic activity around the world, strong
demand for transportation fuels like gasoline and jet fuel and a growing petrochemical industry, which turns byproducts from oil and
natural gas into chemicals.
«LNG was seen as a savior of a lot of
natural gas plays, a way to basically satiate the incredible
demand for energy out of Asia.
Coal prices in general were driven even lower in 2016 due to low
natural gas prices and warmer - than - usual winter temperatures that cut down
demand for coal as an electricity generator, according to the U.S. Energy Information Administration.
By the mid 2020s, the IEA expects the U.S. to become the world's biggest exporter of liquefied
natural gas,
demand for which is set to rise strongly as China, India, and Southeast Asia all turn away from coal to cleaner energy sources.
CB&I has designed numerous liquefied
natural gas plants around the world, and with
demand for LNG conversion facilities rising in North America, Torres thinks it's poised to make huge profits.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including
natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and
natural gas and their derivatives) due to shortages, increased
demand or supply interruptions (including those caused by
natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K
for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
Demand for natural gas is on the rise as more domestic power plants burn the fuel and a number of liquefied
natural gas export terminals are slated to open in the coming years.
Cheniere Energy CEO Jack Fusco said Chinese
demand for liquefied
natural gas was up 40 percent year - over-year and should continue to be strong.
China's goal is to use
natural gas for 10 percent of its needs by 2020, and it needs LNG to meet that
demand.
As the world's population grows, the
demand for all forms of energy will increase, including
demand for oil and
natural gas.
Motivations include concerns about future
demand for transport fuels, growth opportunities in low - carbon technologies, and diversifying into power generation to secure
demand for natural gas.»
Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related
demand spikes faded and a more normal winter pattern developed.1
Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas generally took its downward price cues from elevated US production and growth in the
natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale -
gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total
natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain su
natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year
for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas supplies) and may have overlooked intensifying
demand as US exports increasingly helped drain supplies.
Florida's power outages will probably be a bigger story going forward, affecting electricity markets and likely cutting into
natural gas demand for quite some time.
As the price of oil rises and supplies of petroleum become constricted, the popularity of — and
demand for —
natural gas will more than likely rise as well.
However, coal
demand can continue to decline if
natural gas prices stay low
for a very long time allowing further replacement of coal - fired power plants with
gas - fired ones.
The NYMEX May
natural gas futures was down in morning trading on Thursday, as a mild weather outlook, an expectation
for falling
demand and continued strong production have put downward Continue Reading
Prices
for liquefied
natural gas (LNG) have collapsed, global
demand is faltering and the first of what is likely to be a wave of competing shipments has just set sail from the unlikeliest of exporters, the United States.
In 2008,
demand for natural gas crashed, as did Devon shares (from $ 120 to $ 60).
If things continue to improve and the US does come out of recession in the coming quarters, as growth returns to the world's largest econmy then with it will the
demand for natural gas.
As the global economic crisis took hold manufacturing has been scaled back significantly resulting in a reduced
demand for natural gas from factories across the US and further afield.
A severe winter or a milder one will have a massive bearing on how the
demand for natural gas pans out.
Boardwalk is fortunate that its pipeline system feeds into Southern Texas and Louisiana, the area of the country that is seeing the largest
demand growth
for natural gas.
With growing concerns around the known and unknown consequences of greenhouse
gas emissions and climate change on
natural systems, food producers are experiencing greater consumer
demand for environmental and social credentials as well as various decarbonisation initiatives from governments.
The two companies worked together to design a tankless
natural gas - powered water heating system
for use in the high -
demand environment of a fast service restaurant.
As
demand for energy continues to grow,
natural gas is becoming increasingly important
for New York consumers and businesses.
At noon, on the last day
for public comment on the DEC's proposed Liquefied
Natural Gas regulations, environmentalists and anti-frackers will deliver tens of thousands of comments
demanding the regulations be withdrawn, Legislative Office Building, Room 130, Albany.
Ensuring the supply of
natural gas to cater
for rising national and regional electricity
demand is a paramount energy policy objective
for Ghana.
In an energy outlook this week, analysts at the U.S. Energy Information Administration (EIA) predicted a dramatic decline in U.S. energy
demand through 2035 and a reconfigured energy pie that sidelines a significant amount of coal
for natural gas.
Those supply issues and a surge in
natural gas demand for fueling power plants and vehicles could drive up
gas prices over time.
More than 33 gigawatts of coal - fired electricity generation will be retired over the next couple decades, EIA said, pushing up
demand for natural gas.
Meanwhile,
demand for natural gas is going up.
The campaign
for new nuclear projects has run into depressed electricity
demand due to the recession and the prospect of competition from low - priced
natural gas from shale deposits.
Although SynGest's price isn't yet competitive with
natural gas ammonia, Oswald believes there's substantial
demand for a lower - carbon source of ammonia - based fertilizer: «Cheap
natural gas won't fix that.»
Should the market
demands for hydrogen fuel increase with the introduction of fuel cell electric vehicles, the U.S. will need to produce and store large amounts of cost - effective hydrogen from domestic energy sources, such as
natural gas, solar and wind, said Daniel Dedrick, Sandia hydrogen program manager.
Peakers are power plants usually using
natural gas, that generally run only when there's a high
demand or peak
demand for electricity.
For instance, the amount of
natural gas available to the United States may equal 10 years of current
demand... but with a few advances it might equal 1,000 years.
Because economic growth continues to boost the
demand for energy — more coal
for powering new factories, more oil
for fueling new cars, more
natural gas for heating new homes — carbon emissions will keep climbing despite the introduction of more energy - efficient vehicles, buildings and appliances.
We believe we have entered a sustained period of elevated crude oil and
natural gas prices which we believe is driven in part by increasing
demand for industrial fuels.
The shale
gas in recent exploration in the United States, that could meet the domestic
demand of the country
for natural gas at current levels of consumption
for over 100 years, is extremely negative
for the environment because it generates half the carbon emissions from coal, and pollutes the sheets underground aquifers.
According to the International Energy Agency, the
demand for oil and
natural gas from China will increase greatly in the decades ahead.
That will greatly increase the
demand for oil and
natural gas.
Still,
natural gas production is rising, along with
demand for the fuel source.
If the price of
natural gas recovers to the average levels between 2005 and 2008 ($ 6 - $ 8), and
demand for Seahawk's rigs improves correspondingly, we believe the company can easily generate cash flow in the range of $ 175m.
With the
demand for oil and
natural gas increasing around the world, so should the stock price of Petrobras Brasileiro.
It is possible
natural gas prices may never recover, and, thus,
demand for Seahawk's services may never recover to pre-2009 levels.
--
Demand for the company's services is dependent on
natural gas prices.