Natural Gas Market Overview
Balancing Domestic Supply with Profitable Exporting + Environmental Concerns
Natural gas (NG) prices have fluctuated sharply in recent years. Why? Broadly speaking,
market volatility has increased because of the interaction of a number
- Demand fluctuates with the overall economy.
- Build-out of infrastructure necessary to bring more natural gas to
- Concerns about the environmental impacts of hydraulic fracturing — or "fracking".
- Balancing domestic consumer needs for low-cost natural gas with profit for domestic producers exporting to nations where NG prices are much higher.
In the past six years, shale gas has been increasingly recognized as a "game changer" for the U.S. natural gas and energy markets as technological advances have dramatically increased recoverable
reserves throughout North America. However, environmental concerns have emerged with hydraulic fracturing – a process known as "fracking", which involves pumping fluids into shale formations to release natural gas contained within the the rock. Some of that gas is now off limits because of concerns about the impact
on the land and the environment.
Can the supply be increased – without contributing to more environmental harm? YES!
Using our patented
technology, FirmGreen processes landfill methane and other biogas resources into useful, clean fuel. Unlike production of other biofuels, FirmGreen's
process that utilizes biogas to produce gCNG® — or renewable
natural gas — is uniquely sustainable because it does not compete with food resources. FirmGreen's technology
allows operators of waste facilities to transform their 'graveyard' facility
into a 'cradle' for environmentally responsible energy and fuels.
Natural Gas: Better Fuel for Communities and Fleet Owners
Transitioning heavy use fleets from diesel fuel to natural gas is gaining traction: petroleum costs have continued to rise even as natural gas prices have dropped significantly. Global oil reserves – often located in politically volatile countries, leave the United States vulnerable to disruptions in oil supply. With highway transportation fuels alone responsible for almost 3/4 of the nation's oil demand, fleet owners are especially vulnerable to fuel price hikes. The steady increase in vehicles also contributes to degrading air quality in many of our cities and to increasing levels of greenhouse gases in the atmosphere.
Natural gas makes sense now more than ever before! It's a win-win to replace fuels that are not only dirtier, but are significantly costlier as well.
Why Use Natural Gas as a Fuel?
It's Clean: With the exception of hydrogen
itself, natural gas (NG) has the highest hydrogen content of any fuel.
Natural gas vehicles (NGVs) produce approx. 93 - 95% less emissions than similar petroleum fueled
vehicles. (source: EIA)
It's Safe: Lighter-than-air compressed natural
gas is nontoxic and disperses quickly. It has a higher ignition temperature
than diesel fuel or gasoline, reducing the chances of accidental ignition.
Chances are you're using natural gas in your home today – to power
your cooktop, operate your clothes dryer, or to fuel your hot water heater.
It's Domestic: Every natural gas vehicle
(NGV) on the road today results in the avoidance of 100% of the petroleum
that vehicle would otherwise use, reducing our dependence on imported
It's Cheaper: With lowered maintenance costs
compare to diesel and a lower price on a gasoline gallon equivalent basis,
natural gas vehicle (NGV) operators have reduced fuel costs.
Natural Gas is Here Now: With the hydrogen
highway at least 15 - 20 years away for the general public, natural gas
is the cleanest fuel available today.
It's an Efficient Energy Source: Click here (426KB PDF opens in new window) to download a report on efficiency & GHG's of various fuels, courtesy Argonne National Laboratory
It's an on-ramp to the hydrogen highway: Hydrogen-rich CNG and hydrogen are both gaseous fuels, requiring many
of the same infrastructure changes. The expansion of today's CNG fueling
infrastructure makes economic sense for the long run since CNG stations
can easily be converted to hydrogen fueling stations. While fuel researchers continue to work to eliminate technical barriers to the adoption of hydrogen, a shift to natural gas fuels today improves air quality now, and paves the way to an even more cleanly fueled future.
It's increasingly convenient: California, Arizona, Oklahoma, Utah and other states in the US are rapidly developing a CNG fueling infrastructure along major transportation corridors.
Start your transition to pipeline quality gCNG® from our landfill
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