Commentators who predict a surge
in natural gas demand from electric utilities likewise overlook the scope that power producers have to switch between coal and natural gas at their plants, depending on which thermal fuel offers the best economics.
Will an increase
in natural gas demand for electricity generation in states that currently use coal have a significant impact on prices that California pays for natural gas?
Growth
in natural gas demand is primarily due to the industrial and the power sectors.
The fastest rate of growth
in natural gas demand is in the transport sector as natural gas is increasingly used in trucking and marine transport.
If the U.S. were instead to use that natural gas to generate electricity as part of a portfolio with renewable sources of electricity, the analysis shows that «if the entire vehicle fleet were converted to electric vehicles and high efficiency natural gas combined - cycle power plants were used to generate all the additional electricity required, the increase
in natural gas demand would be significantly less» than if the entire fleet was burning natural gas in its combustion engines — roughly a decrease in natural gas usage of 19 billion cubic feet per day.
Those supply issues and a surge
in natural gas demand for fueling power plants and vehicles could drive up gas prices over time.
Not exact matches
Even so, Alaska's energy
demand per person is the third highest
in the nation, and the oil and
natural gas industries have long been key pillars of its economy.
The company expects coal
demand to rise
in the coming year, but relatively low
natural gas prices will continue to add downward pricing pressure.
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.
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.
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.
Second,
natural gas demand in China grew only 3.3 %
in 2015.
Natural gas producers are always working to extend their distribution capacity, but
in peak times supply facilities can't keep up with
demand.
The market is so awash
in natural gas, according to many analysts, that there could be no space left to store the stuff
in the entire U.S. by this autumn unless
demand surges or producers seal their wells.
Natural gas futures allow investors the opportunity to trade
in one of the hottest, most
in -
demand energy commodities
in the global economy today — a commodity that is likely to continue to increase
in value as the years go by.
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
The stable
demand of
natural gas in this region make it a «no - worry» stock where continuous cash flow comes
in repetitively.
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.
Natural -
gas prices on Nymex ended lower after the EIA on Thursday reported the first weekly supply increase of the injection season — a time when inventories build ahead of the expected rise
in summer cooling
demand.
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.
Currently, the energy needed to meet peaks
in demand is stored
in the form of
natural gas and coal.
Commissioners ultimately expressed worry that the company had overestimated
demand growth and did not sufficiently consider the impact of potential increases
in natural gas prices on consumers.
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 ga
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 ga
in U.S. energy
demand through 2035 and a reconfigured energy pie that sidelines a significant amount of coal for
natural gas.
In their analysis, the team found that bio-methane produced from all available food waste and dairy manure in the US annually would offset about.74 percent of annual natural gas deman
In their analysis, the team found that bio-methane produced from all available food waste and dairy manure
in the US annually would offset about.74 percent of annual natural gas deman
in the US annually would offset about.74 percent of annual
natural gas demand.
Ford Motor Co, the second - largest U.S. automaker, will offer this fall an F - 150 pickup truck that can run on compressed
natural gas to take advantage of the resurgence
in truck
demand.
As fertilizer
demand grows, supply is ramping up to meet it, and the U.S. is poised to capture most of that growth —
in no small part because of rapid expansion of the nation's
natural gas sector over the past four years.
Still, although
natural gas is already
in wide use and less of an «alternative» than other options, finding new sources to meet growing
demand is not without controversy.
As electricity use spikes across the country
in the summertime when more people use air conditioning, electric power companies turn to more coal and
natural gas power plants to help meet the
demand, reducing renewables» share of total U.S. power generation, Comstock said.
The infant solar power companies, however, must gain their foothold by taking business away from the incumbent and politically powerful coal,
natural gas and nuclear power providers, at a time when overall growth
in U.S. electricity
demand is still slowed by an underperforming economy.
The industry has faltered because of declining global
demand and low
natural gas prices, which have encouraged electric power companies to use
gas instead of coal to generate electricity, said Ray Rasker, executive director of Headwaters Economics, an independent research group focusing on the economic implications of land management decisions
in the West.
At the same time, old, inefficient «peaker» units — so - called because they run no more than 77 hours a year when electricity
demand in the state is at its highest — will be shut down or replaced by newer
natural gas — fired turbines.
Inexpensive
natural gas, lower international coal
demand and U.S. environmental regulations have led to a precipitous decline
in U.S. coal production, according to the U.S. Energy Information Administration.
The report, «Beyond Renewable Portfolio Standards: An Assessment of Regional Supply and
Demand Conditions Affecting the Future of Renewable Energy
in the West,» compares the cost of renewable electricity generation (without federal subsidy) from the West's most productive renewable energy resource areas — including any needed transmission and integration costs — with the cost of energy from a new
natural gas - fired generator built near the customers it serves.
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.
«Cheap
natural gas, the rapid decline
in the cost of solar and wind generation, and continued flat electricity
demand make it next to impossible that U.S. coal production will significantly increase
in coming years.»
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.
WIth recent colder temperatures
in the U.S. and other areas,
natural gas futures have started to rise
in demand.
The great thing about energy is that its products — oil and
natural gas — are always going to have
demand in multiple products.
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.
-- If
natural gas prices were to rise from their depression - like lows, HAWK could experience a significant boost
in demand for its services.
The onset of the global recession
in the fall of 2008 and the resulting decrease
in worldwide
demand for hydrocarbons caused many oil and
natural gas companies to curtail capital spending for exploration and development.
The seasonal trend for vessel utilization can be disrupted by hurricanes, which have the ability to cause severe offshore damage and generate significant
demand for our services from oil and
natural gas companies to restore shut -
in production.
Generally, we believe the long - term outlook for our business remains favorable
in both domestic and international markets as capital spending will be required to replenish oil and
natural gas production, which should drive long - term
demand for our services.
A lot of the systems design that people are looking at — like Christopher Clack — even if you can get the renewables up to 80 percent, then you have a piece there probably
natural gas «peakers» [power plants that run
in periods of high electricity
demand], at least based on current technology, are way cheaper than any [energy] storage.