American Gas - November 2013 - (Page 10)
Continued from page 8
southern california Gas co. in
Los Angeles has established a
$1 million innovation fund to
speed the development of
clean technologies. Working in
collaboration with the Los Angeles
cleantech incubator, socalGas's
initiative aims to identify and
bring to market potential clean
technology solutions such as fuel
cells, renewable natural gas, and
distributed natural gas products.
The role of natural gas in
global power generation
will change dramatically in the
next few decades, according
to "The Outlook for energy: A
View to 2040" from exxonmobil.
The Houston-based energy giant
expects the use of natural gas
for power to grow 85 percent
between 2013 and 2040, with
gas accounting for nearly one-third
of fuel inputs for global energy
generation by 2040-up from just
over 20 percent today. The key
driver: As costs arising from greenhouse gas policies are considered,
natural gas becomes increasingly
competitive, says the report.
A Kansas utility received a flood
of suspected natural gas
leak calls when a mechanical failure caused an excessive
amount of harmless natural gas
odorant to be released into the gas
distribution system. Black Hills energy responded to more than 175
calls in the town of Liberal from
concerned customers who detected
the rotten-egg scent of mercaptan.
A representative of Black Hills
said in a statement that while the
company determined quickly that
the calls were likely prompted by
the excess mercaptan and not a
gas leak, it still sent crews to each
call location to ensure there were
no actual safety issues.
AmericAn GAs november 2013
said unconventional oil and gas activity is
reducing energy costs, generating savings that
are being passed along to consumers in lower
energy bills, and lower costs for other goods and
services. The savings are projected to reach more
than $3,500 per household in 2025.
"The unconventional oil and gas revolution
is not only an energy story, it is also a very big
economic story that flows throughout the U.S.
economy in a way that is only now becoming
apparent," Daniel Yergin, IHS chairman and
author of The Quest: Energy, Security, and the Remaking of the Modern World, said in a statement.
"In addition to significant job and economic impacts from energy production and the extensive
supply chains, the growth of long-term, low-cost
Vermont Gas, said the company doesn't see NG
energy supplies is benefiting households and
Advantage as a competitor. "We see them as a
helping to revitalize U.S. manufacturing, creatvaluable partner, because not only are they helping a competitive advantage for U.S. industry
ing to get natural gas to more customers, it helps
and for the United States itself."
us pre-develop certain specific areas," Wark told
Other key findings:
American Gas. If and when a pipeline is built in
* The entire unconventional oil and gas value
those areas, NG Advantage's customers could hook chain and energy-related chemicals contributed
$284 billion in value-added contributions to
Pipeline construction in certain areas is years
U.S. GDP in 2012, a figure that will increase to
away, Lunderville said, and some areas of the
nearly $533 billion annually by 2025.
Northeast will likely never have access to natural
* The U.S. trade deficit will be reduced by
gas via pipeline.
more than $164 billion in 2020, equivalent to
"Natural gas has been a great equalizer in mak- one-third of the current U.S. trade deficit. This
ing American industries more competitive," said
will be driven by a rise in domestic production
Lunderville. "We're really excited to be a part of
and manufacturing that will displace imports, as
that." -Jennifer Pilla Taylor
well as a more favorable export position.
* The full value chain of industrial activity
and employment associated with unconventional
need to know
oil and natural gas contributed more than $74
billion in federal and state government revenues
in 2012. Tax receipts will rise to more than $125
billion annually by 2020 and reach $138 billion
The shale revolution will enrich families and
* Unconventional energy and energy-related
reduce the deficit, study says
chemicals activity currently supports more
than 1.7 million upstream jobs and 377,000
nconventional oil and gas production
midstream and downstream jobs, for a total of
increased disposable income by an average 2.1 million jobs. Total jobs supported by this
of $1,200 per U.S. household in 2012 and value chain are expected to rise to more than
will add as much as $2,000 a year to each family's 3.3 million in 2020 and reach nearly 3.9 milincome by 2015, according to a new study by
lion by 2025.
IHS, a consultancy in Englewood, Colo. (bit.
* Workers' earnings from all unconventional
ly/1belRI4).The new production also stands to
energy and related chemicals activity were nearly
substantially reduce the U.S. trade deficit and
$150 billion in 2012. This total is expected to
boost tax receipts, the report said.
rise to $207 billion in 2015 and to nearly $269
The report, "America's New Energy Future,"
billion by 2025. -G.J.
The Boom's Bottom Line
Table of Contents for the Digital Edition of American Gas - November 2013
American Gas - November 2013
Head Start: On Energy Education
By the Numbers
Need to Know
The Wheels on the Bus...
Fueling the Future
U.S. Secretary of Energy Ernest Moniz
A Tight Ship
Expanding the Reach of the Gas Infrastructure
American Gas - November 2013