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Fueling the Future with Natural Gas...Fueling the Future with Natural Gas June 15, 2015 2 Shale Gas...
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AGA/EEI Accounting Leadership Forum Austin, TX Fueling the Future with Natural Gas June 15, 2015
Transcript of Fueling the Future with Natural Gas...Fueling the Future with Natural Gas June 15, 2015 2 Shale Gas...
AGA/EEI Accounting Leadership Forum Austin, TXFueling the Future with Natural Gas
June 15, 2015
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Shale Gas Resources
• 33 states are now producing or have produced natural gas.• The United States produces approximately 14 Bcf per day
more natural gas than 12 years ago.
Natural Gas Stable and affordable prices well into the future
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• Our nation’s abundance of home-grown natural gas provides an opportunity to satisfy significant new demand at affordable prices well into the future.
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Customers Sales
Residential Natural Gas Use:An Efficiency Success Story
Natural gas usage per
household has decreased
even as overall demand for
energy has risen. This trend
is due in part to installation
of tighter-fitting windows
and doors, better insulation,
utility sponsored energy
efficiency programs, and
the development of
increasingly more efficient
natural gas appliances.
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Commitment to EfficiencyUtilities helped customers save 136 trillion Btu of energy and offset 7.1 million metric tons of carbon dioxide emissions in 2012.
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Emissions Have Declined Even as Pipelines Have Expanded
Replacing pipelines with protected steel and plastic materials can reduce emissions more than 95%.
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Emissions Leakage Rates
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Source: U.S. Department of Energy and U.S. Environmental Protection Agency
Approximately 1.3% of gross natural gas production (31 Tcf) is estimated to be emitted throughout the supply chain.
Production130 Bcf0.41%
Processing122 Bcf0.38% Transmission
& Storage84 Bcf0.27%
Distribution66 Bcf0.24%
Only0.24%
of produced natural gas is emitted from
systems operated by natural gas
utilities
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Source: ICF International, Economic Analysis of Methane Emission Reduction Opportunities in the U.S. Onshore Oil and NaturalGas Industries, March 2014
Marginal Abatement Cost Curve For Methane Emissions
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States with InnovativeInfrastructure Cost Recovery Mechanisms
Kathryn Clay, Ph.D. Vice President, Policy [email protected]
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Find Us Online
www.aga.org
www.truebluenaturalgas.org
http://twitter.com/naturalgasflk
www.facebook.com/naturalgas
www.linkedin.com/company/50905?trk=tyah
