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, 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.
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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
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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