President Obama “Natural gas isn’t just appearing magically. We’re encouraging it and working with the industry.” Great words from President Obama, Speaker Pelosi and Hillary Clinton on the need for natural gas. Click to watch.
From the Washington Examiner, Daily on Energy:
DEMOCRATS SPARED TRICKY QUESTIONS ON FOSSIL FUELS AT NATION’S OIL AND GAS CAPITAL: The top 10 candidates at Thursday’s third Democratic debate escaped questions on divisive proposals, such as plans for banning fracking and ending the use of fossil fuels — a weird oversight by the moderators considering the debate’s location in Houston, the oil and gas capital of the U.S.
‘We’re On It’ – Industry Committed to Emissions Reductions
Sam Winstel, Energy Tomorrow Blog , September 10, 2019
With global demand for energy on the rise – expected to increase more than 25% by 2040, according to the International Energy Agency (IEA) – the U.S. natural gas and oil industry is focused on delivering affordable and reliable energy to consumers, while simultaneously shrinking our environmental footprint. Cleaner-burning natural gas is at the leading edge of climate progress, as the fuel has been largely responsible for reducing U.S. energy-related carbon dioxide emissions to their lowest levels in a generation. Combustion of natural gas emits one-half the carbon compared to coal and, as a result, switching from coal to natural gas in electricity generation has saved about 500 million tons of carbon dioxide since 2010, per IEA. A big part of this is natural gas’ competitiveness in the marketplace. The abundant, low-cost fuel has driven emissions savings and helped domestic consumers meet their bottom lines, especially those with low- or fixed-incomes. Meanwhile, American liquified natural gas (LNG) exports are shifting the economics of power generation abroad. It’s with consumer interest in mind that the industry is investing in innovative technologies and developing state-of-the-art approaches to natural gas production and distribution, which has placed downward pressure on energy costs and reduce emissions of carbon dioxide worldwide.