U.S. Energy, U.S. Opportunity
Posted June 9, 2015
Today and Tomorrow, The Rise of Gas
BP Magazine – Why is natural gas the fuel of the future? Despite pressures on the industry today – with gas prices down and capital investment under pressure – longer term trends still point to the increasing significance of natural gas in the energy mix. BP Magazine looks at some of the numbers behind the story of the world’s strongest-growing and cleanest fossil fuel.
Over the next 20 years, natural gas is expected to catch up with oil and coal and emerge as the main hydrocarbon component of a more sustainable energy mix. The fastest-growing fossil fuel – which is primarily methane – is mainly used for power generation, as well as in homes, offices, shops and other commercial locations for heating and cooling. It’s also a raw material in the production of fertilizer and other chemicals – and it is sometimes used as a fuel for transport as well.
Read more: http://on.bp.com/1MlgHMH
More industry news:
- Murkowski Releases Road Map for Countries Seeking U.S. Crude Exports: http://bit.ly/1KmKNkv
- Column - White Hot to Merely Red Hot – N.D. Finds Good in Lower Oil Prices: http://bit.ly/1KZe6L6
- Analysis – Permian Power: Texas Play Could Launch Shale Drilling Rebound: http://bit.ly/1MEIEjf
- Hybrid ROV-AUV Technology Could Aid Oil, Gas in Remote Offshore Ops: http://bit.ly/1KZfVrp
- Opinion – E15 Mix Could Spell Trouble for Marine Engines, Small Motors: http://bit.ly/1T93uMc
- Blog - Quakes in Study May Have Originated Much Deeper Than Thought: http://bit.ly/1HmDFUb
- Crude-By-Rail Supplies West Coast as Regional Oil Production Falls: http://1.usa.gov/1T8UIOl
About The Author
Mark Green joined API after a career in newspaper journalism, including 16 years as national editorial writer for The Oklahoman in the paper’s Washington bureau. Previously, Mark was a reporter, copy editor and sports editor at an assortment of newspapers. He earned his journalism degree from the University of Oklahoma and master’s in journalism and public affairs from American University. He and his wife Pamela have two grown children and five grandchildren.
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