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Petroleum & Other LiquidsCrude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Natural GasExploration and reserves, storage, imports and exports, production, prices, sales. ElectricitySales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions.
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Note: Charted consumption data includes the four largest natural gas-consuming end-use sectors. The electric power sector has the flexibility to shift some amount of baseload power generation, much of which has traditionally been fueled by coal, to underutilized natural gas generators without requiring additional investments in infrastructure. In the industrial sector, natural gas consumption increased in 2010 and 2011, reversing a trend of declining consumption that lasted from the mid-1990s to 2009.
The downward trend in natural gas prices has lowered the cost of a key input for some industries.
Domestic and global macroeconomic trends affect industrial activity, which is often tracked by industrial indices. Residential and commercial consumption of natural gas is primarily for space heating, water heating, and cooking; the most influential short-term factor for these sectors is weather (quantified here as heating degree-days). The residential and commercial sectors have limited short-term flexibility to take advantage of inexpensive natural gas, as heating systems can be expensive to modify and are replaced infrequently. Energy Information Administration, Electric Power Annual, Electric Power Monthly, and Short-Term Energy Outlook.


An earlier Today in Energy article noted that consumption of natural gas for electric power (or "power burn") has exceeded natural gas consumption in the industrial sector since early 2009. Natural gas is used in the industrial sector and manufacturing subsector for process heating, steam generation, onsite electricity generation, space heating, and petrochemical processing. Colder winter weather means more natural gas consumption for space heating, and warmer summer weather leads to increased consumption in the power sector with increasing demand for air conditioning.
Recently, with natural gas prices declining and coal prices rising, dispatching natural gas generators in some parts of the country has become increasingly competitive with running coal generators. Competition between natural gas and coal appeared first in the Southeast, where coal-fired power was more expensive due to the cost of transporting coal over long distances.



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