With oil prices rising dramatically because of Mideast tensions, will natural gas prices benefit
too
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Anyone have an idea of many cubic feet of NG would be needed to fuel half the autos and trucks in this country?
Be nice to not have to depend on the weatherman for NG pricing, huh?
PG, replacing 10% of gasoline and diesel with natural gas would add 4.6 Bcfd & 2.2 Bcfd to natural gas consumption in the US. This would increase natural gas consumption by a total of ~ 11%. This is a reasonable target that could be accomplished and still maintain natural gas supply reliability.
By the way replacement of diesel must be done with LNG rather than CNG due to the energy density needs. Also, long term natural gas prices have little to do with the weather and is more about economic growth, technology and competition with alternative fuels.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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