Natural gas is a clean and efficient fossil fuel, mainly composed of methane and small amounts of ethane, propane, etc. It is widely used in home heating, industrial production, power generation and other fields.
The advantages of natural gas are environmental protection, relatively stable prices, abundant reserves, etc. Compared with coal and oil, natural gas combustion produces less greenhouse gas emissions such as carbon dioxide and relatively little pollution to the environment. At the same time, the price of natural gas is relatively stable, unlike coal and oil, which are more volatile. In addition, the global natural gas reserves are abundant and the resource renewableness is good.
Natural gas extraction is mainly divided into two ways, one is traditional underground mining, and the other is unconventional natural gas extraction through shale gas extraction technology. With the advancement and application of technology, the extraction of unconventional natural gas such as shale gas has gradually increased, which has had an impact on the natural gas market and the global energy structure.
The price of natural gas is affected by a variety of factors, including supply and demand conditions, geopolitics, seasonal demand, etc. In recent years, the global energy transition and carbon neutrality goals, as well as the new crown epidemic and other factors, have had an impact on the demand and price of natural gas.
In short, natural gas is a clean and efficient fossil fuel, with environmental protection, stable price and abundant reserves, which is widely used in household heating, industrial production, power generation and other fields. Natural gas extraction methods and technologies are constantly evolving, with important implications for energy markets and the global energy mix.