Use of Natural Gas Massive discoveries of natural gas reserves in shale gas formations has meant that the prices in USA have gone down substantially and new power plants/ infrastructure¬†are being developed to use natural gas as fuel. Even as crude oil and coal prices have gone through the roof, natural gas prices have dived. […]

Japanese Government Gave the go ahead in restarting the nuclear power plants in the country after all the nuclear reactors were shut down post the Fukushima accident. Despite massive protests in the capital city of Tokyo where thousands of people took part, the government remained adamant with the PM dismissed them as noise. Note Germany […]

Natural Gas has got a lot of press these days as massive discoveries of natural gas reserves in shale gas formations has meant that the prices have gone down substanitally and new power plants and infrastructure is being developed to use natural gas as fuel.Even as crude oil and coal prices have gone through the roof,natural gas prices have dived.This is due to the new technology being commercialized which is allowing huge shale gas deposits to be used.This has led to forecasts that natural gas will become a more important part of the energy mix in the coming days.The falling prices of natural gas has also led to declining electricity prices in the USA where shale gas development is the most advanced.Natural Gas prices have gone down to as low as $3.5/mmbtu from $8 in 2008 and experts predict that it may go down to $2.5/mmbtu.Shale Gas has its own critics who say that the shale gas deposits are much lower than being said and they deplete much faster.Environmental concerns are also being raised about the fact that it leads to poisoning of the water supplies with France banning shale gas mining completely.Natural Gas is a byproduct of Oil Drilling and in the earlier days it used to be looked upon as an irritant and burned off.But now it is being used to generate power,in chemical and fertilizer plants and also being used in some parts of power vehicles as well.Natural Gas is also used for Heating in most western developed countries and for Cooking as well.With increasing availability it is replacing coal and oil in power plants and transport now.

Natural Gas in USA is seeing massive investments and interest due to very large shale gas discoveries enabled by improvements in Gas Drilling and Extraction Technology.Billions of Dollars have been invested by domestic and international oil and gas companies.Plans are being made to Export Natural Gas from America as the price of Natural Gas in USA has now become considerably lower than other parts of the world.While prices of other Fossil Fuels like Oil and Coal are rising at steep rate,Natural Gas Prices have fallen even below the 2008 crisis levels and are now at around $3.5/mmbtu.With production increasing Natural Gas is increasingly looking to garner marketshare gains in the energy sector in the US.Countries around the world like India and China are also looking to tap shale gas deposits as Energy Scarcity increases around the globe.