Interest in natural gas vehicles is picking up again due to increased optimism regarding
domestic supplies of natural gas.
Recent increases in
domestic supplies of natural gas and resulting low prices have impelled utilities and power producers across the country to become more greatly dependent on natural gas.
Domestic supplies of natural gas have increased dramatically in recent years, due in large part to the development and expansion of hydraulic fracturing (fracking) drilling techniques.
Abundant
domestic supplies of natural gas benefit the nation's economy as a whole.
Both increasing
domestic supply of natural gas and lower natural gas prices, together with the high efficiency of combined - cycle power plants, have contributed to their increased use.
Not exact matches
Natural gas, for instance, has been in protracted slump, due partly to the success
of exploration and production companies in tapping new
domestic supplies, such as the Marcellus Shale in Pennsylvania and surrounding states.
Some
of the facilities also
supply, or have the ability to
supply,
natural gas to wholesale
domestic markets.
«Algonquin will continue with its construction, in accordance with the FERC Certificate, to meet the project's critical construction timeframes and safely transport additional
supplies of clean, reliable,
domestic natural gas to heat the region's homes and businesses,» she said in a prepared statement.
Given this promise — in addition to a February 2012 Department
of Energy announcement
of a $ 30 million competition aimed at finding ways «to harness our abundant
supplies of domestic natural gas for vehicles» — Duoba and his colleague have been ramping up vehicle systems analysis and engine research and testing around CNG as a way to wean ourselves off
of foreign fuel sources.
Access to vast, new
supplies of natural gas and
natural gas liquids from shale formation is one
of the most dramatic
domestic energy developments in the last 50 years.
Thanks to record - setting production
of domestic natural gas, up more than 50 percent between 2005 and 2015, there's a
supply abundance that is increasingly is prompting the marketplace to turn to affordable
natural gas for power generation, benefiting the environment while lowering costs for consumers:
«A big part
of the reduction in greenhouse
gas emissions that we've been able to manage in the United States is due to the fact... we've got trillions
of cubic feet
of natural gas that we are going to be able to produce safely, and our
domestic supply has gone from one
of scarcity to one that has enabled us to use more
natural gas in baseload power consumption.»
China's
domestic natural gas production reached 13 Bcf / d in 2016, accounting for 64 %
of China's total
natural gas supply.
He also notes that in 2000, shale produced only 2 percent
of our
domestic oil and
natural gas supply.
Instead
of acknowledging this progress, the administration's piling on
of new regulation could hinder
domestic natural gas production, potentially reducing
supply and
natural gas use that has played a leading role in reducing U.S. emissions
of carbon dioxide to near 20 - year lows.
Natural gas currently generates two - thirds
of the country's electricity, but
domestic gas resources are set to begin depleting rapidly and almost all imports come from a single country, Myanmar, leaving Thailand vulnerable to
supply disruptions.
Access to vast new
supplies of American
natural gas from shale deposits is one
of the most exciting
domestic energy developments in decades, particularly for the business
of chemistry — energy policies must enable access to this immense
supply of natural gas while protecting the environment.
What we're seeing,
of course, are the positive
supply impacts
of the U.S. energy renaissance — dramatic increases in
domestic oil and
natural gas production over the past several years, thanks to the safe development
of shale and other tight - rock formations using hydraulic fracturing and horizontal drilling.