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Natural Gas Sales
www.NaturalGasSales.net
America's need for natural gas continues to grow.
Recent governments studies conclude that demand for clean-burning natural gas has continued to rise. In the last 20 years, natural gas consumption has risen nearly 25%.
The Energy Information Administration (EIA) estimates there are over 2,100 Trillion cubic feet (Tcf) of "technically recoverable natural gas" reserves in the United States, as reported in the EIA's 2010 Annual Energy Outlook. In 2009, the United States used just over 22 Trillion cubic feet of natural gas, making the U.S. one of the global leaders in natural gas consumption. This means the U.S. has enough natural gas supply to last about 100 years.
With greater demand comes greater need to be able to store natural gas. In the past 20 years, natural gas storage has increased less than 5%. This creates a serious constraint that can impact our nation by failing to keep up with natural gas supply and demand. Existing natural gas storage facilities will not be able to keep up with the demand for natural gas during increasingly greater periods of increasing demand, which could cost all consumers of natural gas billions of dollars.
More Natural Gas Storage is Needed
There is a critical need for new high-volume natural gas storage facilities to meet the escalating demand for natural gas which will provide predictability of natural gas supply and reduce or eliminate volatility of natural gas prices during peak periods. Natural gas storage "balance" the load - or supply and demand requirements of all natural gas consumers and provides the "cushion" needed for large supplies of natural gas to serve all consumers during periods of peak demand.
Natural gas storage can take place in a number of underground natural gas facilities. From the time the natural gas is produced, it may be stored temporarily in underground natural gas storage facilities that may be; depleted oil or natural gas fields/reservoirs, salt caverns or aquifers.
Most of the natural gas storage in the U.S. takes place in naturally-occurring natural gas or oil reservoirs that have been depleted through production. An underground gas storage facility must contain enough “base gas” or “cushion gas” that provides adequate pressure to re-produce and extract the natural gas.
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Our
founder has a background in the following oil and natural gas products and services (some through strategic partners) including;
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Coal to Natural Gas Cogeneration Compressed Natural Gas Diesel to Natural Gas Field Compression Fuel Switching Gas Compression Gas Compressors Gas to Power Glycol Dehydration Landfill Gas to Energy Liquefied Natural Gas Natural Gas Conditioning Natural Gas Treating Natural Gas Engines Natural Gas Marketing Natural Gas Sales Natural Gas Storage NGL Fractionation NGL Recovery Natural Gas Engineering Rental Compression Stranded Gas Terminalling and Storage
Vapor
Recovery Units
Wellhead
Gas
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Natural Gas Sales
www.NaturalGasSales.net
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