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 Gas

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Transforming our Nation’s Transportation Sector –The Role of Natural Gas

  1. 1. Transforming our Nation’s Transportation SectorThe Role of Natural Gas<br />Kathryn Clay, Ph.D. Executive Director, Drive Natural Gas Initiative <br />Washington Energy Summit * September 28, 2011<br />
  2. 2. Our dependence on foreign oil has increased over the past decades<br />Last year, the United States imported 1.5 billion barrels of oil from dangerous, unstable nations.<br />
  3. 3. Natural gas: A foundation fuel for our energy security<br />A better source of energy security and economic stability exists within our borders and those of our Canadian neighbors<br />Our nation is the largest producer of natural gas in the world.<br /><ul><li>The United States now has more natural gas than Saudi Arabia has oil.
  4. 4. Over the last decade, U.S. shale gas production has increased 12-fold and now comprises about 25 percent of total U.S. production.</li></li></ul><li>Shale gas plays and basinsare a vast resource, widely distributed across the United States.<br />Thirty-two states are now producing, or have produced, natural gas.<br />
  5. 5. Natural gas: Clean, domestic, secure, affordable energy for transportation<br />Greenhouse gas emissions 29% lower than comparable gasoline light-duty vehicles.<br />Domestic gas production accounts for 89% of natural gas consumed in the United States. <br />Natural gas prices are decoupled from petroleum, with abundant resources to support stable prices for years to come.<br />
  6. 6. Natural gas vs conventional gasoline<br />On average, CNG costs 47% less than gasoline<br />Seattle<br />CNG - $1.60<br />Gas - $3.79<br />Omaha<br />CNG - $1.93<br />Gas - $3.68<br />San Francisco<br />CNG - $2.44<br />Gas - $3.89<br />New York<br />CNG - $2.70<br />Gas - $4.03<br />Detroit<br />CNG - $1.94<br />Gas - $3.78<br />Salt Lake City<br />CNG - $1.26<br />Gas - $3.37<br />Los Angeles<br />CNG - $2.74<br />Gas - $3.81<br />Wash., DC<br />CNG - $2.40<br />Gas - $3.94<br />Denver<br />CNG - $2.50<br />Gas - $3.45<br />Nashville<br />CNG - $1.63<br />Gas - $3.59<br />San Diego<br />CNG - $2.89<br />Gas - $3.80<br />Atlanta<br />CNG - $2.34<br />Gas - $3.72<br />Dallas<br />CNG - $2.49<br />Gas - $3.65<br />Source: CNG prices captured in July 2011 by CNGPrices.com<br />Gas prices reflect city average on July 20 from GasBuddy.com<br />Ft. Lauderdale<br />CNG - $2.19<br />Gas - $3.77<br />
  7. 7. Transforming the transportation sector to meet our energy and environmental goals:<br />America’s natural gas industry is committed to being a part of the solution. <br />

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