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Unconventional Energy Resources

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Unconventional Energy Resources ( unconventional-energy-resources )

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Unconventional Energy Resources: 2013 Review Figure 30. Ethane and propane price aberration in dollars per million British thermal units ($/ MMBtu). Source: Federal Energy Regulatory Commission (FERC) Market Oversight, April 23, 2013 (Derived from Bloomberg; http://www.ferc.gov/market-oversight/mkt-gas/overview/2013/ 04-2013-ngas-ovr-archive.pdf). West Texas Intermediate spot crude price added by author from Energy Information Administration data (http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx? n=PET&s=RWTC&f=M). Iso-b. iso-butane, but. butane, HH NG Henry Hub natural gas, WTI West Texas intermediate. Figure 31. Industrial sector gas demand. Source: Energy Ventures Analysis, Inc. (http://eea.epri.com/pdf/epri-energy-and-climate- change-research-seminar/2013/2013_11.pdf). and warrants continued monitoring. The broad sec- tor is one component of increasing demand. The other major components are the power sec- tor—experiencing swings of gas use in existing units as well as retirements and replacement of generating units over time—and LNG exports. The transpor- tation sector remains a question mark. Power Sector Natural Gas Demand in the Short and Intermediate Term Short Term. Displacement of coal-fired generation by natural gas has been unprecedented and newsworthy ever since it commenced during the last 5 months of 2008, continuing essentially una-

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