Natural gas is considered a potential bridge fuel to a low carbon
economy because it is cleaner burning than its hydrocarbon rivals
coal and oil. Natural gas combustion emits about two-thirds less
carbon dioxide than coal and one-quarter less than oil when
consumed in a typical electric power plant. Additionally, improved
methods to extract natural gas from certain shale formations has
significantly increased the resource profile of the United States,
which has spurred other countries to try to develop shale gas. If
the United States and other countries can bring large new volumes
of natural gas to market, then natural gas could play a larger role
in the world's economy. This book examines key aspects of global
natural gas markets, including supply and demand, as well as major
U.S. developments.
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