transforming our nation’s transportation sector –the role of natural gas
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Transforming our Nation’s Transportation Sector –The Role of Natural Gas: By Dr. Kathryn Clay, Executive Director, Drive National GasTRANSCRIPT
Transforming our Nation’s Transportation SectorThe Role of Natural Gas
Wa s h i n g t o n E n e r g y S u m m i t * S e p t e m b e r 2 8 , 2 0 1 1Kathryn Clay, Ph.D. Executive Director, Drive Natural Gas Initiative
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Our dependence on foreign oil has increased over the past decades
Last year, the United States imported 1.5 billion barrels of oil from dangerous, unstable nations.
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Natural gas: A foundation fuel for our energy security
• Our nation is the largest producer of natural gas in the world.
• The United States now has more natural gas than Saudi Arabia has oil.
• Over the last decade, U.S. shale gas production has increased 12-fold and now comprises about 25 percent of total U.S. production.
A better source of energy security and economic stability exists within our borders and those of our Canadian neighbors
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Shale gas plays and basins are a vast resource, widely distributed across the United States.
Thirty-two states are now producing, or have produced, natural gas.
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Natural gas: Clean, domestic, secure, affordable energy for transportation
Greenhouse gas emissions 29% lower than comparable gasoline light-duty vehicles.
Domestic gas production accounts for 89% of natural gas consumed in the United States.
Natural gas prices are decoupled from petroleum, with abundant resources to support stable prices for years to come.
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SeattleCNG - $1.60Gas - $3.79
Salt Lake City
CNG - $1.26Gas - $3.37
San FranciscoCNG - $2.44Gas - $3.89
Los AngelesCNG - $2.74Gas - $3.81
San DiegoCNG - $2.89Gas - $3.80 Dallas
CNG - $2.49Gas - $3.65
New YorkCNG - $2.70Gas - $4.03
Ft. LauderdaleCNG - $2.19Gas - $3.77
AtlantaCNG - $2.34Gas - $3.72
OmahaCNG - $1.93Gas - $3.68
DetroitCNG - $1.94Gas - $3.78
Wash., DCCNG - $2.40Gas - $3.94
DenverCNG - $2.50Gas - $3.45 Nashville
CNG - $1.63Gas - $3.59
Source: CNG prices captured in July 2011 by CNGPrices.com
Gas prices reflect city average on July 20 from GasBuddy.com
On average, CNG costs 47% less than gasoline
Natural gas vs conventional gasoline
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Transforming the transportation sector to meet our energy and environmental goals:America’s natural gas industry is committed to being a part of the solution.