Nat Gas News – September 13, 2017

Nat Gas News – September 13, 2017

Natural Gas, Not Renewables, Is Largest Factor In Emissions Decline

Forbes reports: Natural gas’s growing share of electricity production has been the largest driver of declining U.S. carbon dioxide emissions, the climate advocacy group Carbon Brief re-ports. Carbon Brief points out that U.S. carbon dioxide emissions have declined 14 percent since 2005, with natural gas as the single largest reason. Electricity generation is the largest source of U.S. carbon dioxide emissions, Carbon Brief observes. Fundamental changes in electricity markets since 2005 have transformed the U.S. electricity sector from one of growing emissions to one of declining emissions. In its report, Carbon Brief linked to an article by Yale Climate Communications, a global warming activist organization, which pointed out that “carbon dioxide emissions from new gas power plants are as much as 66 percent lower than those of existing coal power plants.” For more on this story visit forbes.com or click the following link http://bit.ly/2f4sYjM

U.S. Natural Gas Output Seen Up In 2017, But Below 2015 Record

Reuters reports: U.S. dry natural gas production was forecast to rise to 73.69 billion cubic feet per day (bcfd) in 2017 from 72.29 bcfd in 2016, according to the Energy Information Administration’s (EIA) Short Term Energy Outlook (STEO) on Tuesday. The latest September output projection was higher than EIA’s 73.48- bcfd forecast in August but short of the record high 74.14 bcfd produced on average in 2015. EIA also projected U.S. gas consumption would fall to 72.65 bcfd in 2017 from a record 75.11 bcfd in 2016. The 2016 high was the seventh annual demand record in a row. EIA projected both production and consumption would rebound in 2018 to record highs with output hitting 78.12 bcfd and usage reaching 75.78 bcfd. For more visit reuters.com or click the following link http://reut.rs/2eUt2zb

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