Natural Gas Notes

Notes from Natural Gas Report

• Natural Gas Implementation
• truck stops require restyled fuel pumps
• ports will send new tankers
• Oil and Natural gas on the rise reported by US EIA energy information administration
• potential boom, growth outstrips demand
• Texas to Pennsylvania
• Natural gas for fuel rise 12 percent per year through 2040
• LNG(Liquified Natural Gas)
• 40 percent below price of diesel for next 3 decades
• EIA projects predict rise from less than 1 percent of energy used in transport to 4% by 2040
• not for average drivers only truckers
• infrastructure is limiting factor as well as amount to put in vehicle
• Industrial Renewal
• manufacturing output increases 2 percent per year over 3 decades
• Petrochemical companies such as Dow, Formosa Plastics, Shell, Chevron
• plans to build, reopen or expand NA production
• EIA's outlook is fairly positive until 2025 where other nations development produces more efficient facilities
• Export Battle
• rapid US move into natural gas
• 1.6 trillion cubic feet by 2027
• exporting by ship requires
• super chill of gas at liquefacation plants, shrink to 1/600th size
• insulate tankers
• costs billions of dollars
• proposed 9 LNG export projects
• potential to export in solid form instead of liquid
• No revolution
• not projected to unseat oil, or displace coal for electricity
• expected to share 30% natural gas by 2040
• reduction in carbon emissions
• EIA projection not in line with pure sustainability, little uptick in electric vehicles, and clean renewables

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