The Energy Report
With both U.S. presidential candidates calling for a reduction in greenhouse gas emissions, the country's consumption of natural gas should rise under the next administration no matter who wins the White House.
Natural gas for electricity generation and industry will be key to the energy plans of either Republican John McCain or Democrat Barack Obama, said experts, who consider natural gas a bridge between oil and future renewable energy sources under development.
"John McCain and Barack Obama are both advocates of climate legislation and as such either explicitly or implicitly they would have to be in favor of increased natural gas usage," said Bill Cooper, executive director at the Center for Liquefied Natural Gas in Washington D.C.
"Even strong advocates of advancing renewable usage realize that natural gas is going to be a bridge fuel to accomplishing that end," he added.
Natural gas, as the cleanest of the fossil fuels, is considered the preferred middle ground between the dirtier burning oil and coal and greener renewables.
U.S. natural gas reserve estimates for 2006 were around 211 trillion cubic feet. But this could double in the coming years with the introduction of newly developed shale plays.
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U.S. Natural Gas Consumption to Rise Under Next President
Source: Reuters (10/29/08)
Natural gas, as the cleanest of the fossil fuels, is considered the preferred middle ground between the dirtier burning oil and coal and greener renewables. U.S. natural gas reserve estimates for 2006 were around 211 trillion cubic feet. But this could double in the coming years with the introduction of newly developed shale plays.
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