Remove 2024 Remove Demand Remove Natural gas
article thumbnail

Rising Demand, Steady Supply: The Growing Significance of U.S. Natural Gas

R-Squared Energy

natural gas consumption set new winter and summer consumption records in 2024, highlighting the growing importance of natural gas in the global energy mix. This resilience has contributed to stable supply levels, ensuring that the market remains well-supplied even as demand reaches new highs.

article thumbnail

Why Natural Gas Prices Are Surging

R-Squared Energy

Natural gas prices recently soared to their highest levels in two years, driven by a combination of extreme weather, supply constraints, record liquefied natural gas (LNG) exports, and global demand pressures. Meanwhile, natural gas production has faced additional disruptions. As more U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Veolia is saving 12GWh of gas per year using a new distillate product

Envirotec Magazine

million m 3 of natural gas, enough to heat over 1,000 houses for a year. Replacing this gas use with fuel derived directly from the solvent recovery operation means the site is now saving 2,500 tonnes of carbon per year from its own energy demand.

article thumbnail

Solar crushed 2024, but emissions were up as industry used more natural gas

TechCrunch: Climate

Solar and wind together now represent nearly a quarter of electricity demand and nearly 10% of all energy consumption in the U.S. 2024 TechCrunch. All rights reserved. For personal use only.

article thumbnail

AI Is Pushing Gas Demand to ‘Record Highs,’ Pipeline Builder TC Energy Says

DeSmogBlog

Because those centers require enormous amounts of electricity, with a ChatGPT query using almost ten times more power than a regular Google search, top executives at TC Energy now argue that AI is helping push gas demand to “record highs.” That $11 billion pipeline connects vast gas reserves in northeastern B.C. million homes.

Demand 138
article thumbnail

Northern Michiganders are getting off propane — and on to natural gas

Grist

DTE Gas Company , a subsidiary of Michigan’s largest utility, is expanding its natural gas network to the area, giving over 1,000 homes and businesses the choice to switch to natural gas. Natural gas is more climate-friendly than the propane and wood used in much of the region, according to DTE.

article thumbnail

ExxonMobil’s Exit from Suriname Raises Pressure on Guyana Amid Natural Gas Concerns

DeSmogBlog

The problem for multinational oil companies seeking to extract that oil is whats mixed in with it: trillions of cubic feet of methane, often referred to as natural gas. Handling natural gas off the coast of Suriname and Guyana poses major challenges and involves significant environmental risk, however. In May, the U.S.