Renaissance R. Skip Horvath President & CEO Natural Gas Supply - PowerPoint PPT Presentation

Sep 18, 2023 •167 likes •247 views

An American Renaissance R. Skip Horvath President & CEO Natural Gas Supply Association Presented at US Energy Association January 16, 2013 Natural Gas: Potential to Lead Economic Renaissance 300% Change in CME Monthly Settlement

An American Renaissance R. Skip Horvath President & CEO Natural Gas Supply Association Presented at US Energy Association January 16, 2013
Natural Gas: Potential to Lead Economic Renaissance 300% Change in CME Monthly Settlement Prices Since January 2007 250% 200% 150% 100% 50% 0% -50% -100% Natural Gas Crude Oil Coal Source: CME Group, A CME/Chicago Board of Trade Company 2
Natural Gas: Potential to Lead Economic Renaissance 300% Change in CME Monthly Settlement Prices Since January 2007 250% 200% 150% 100% 50% 0% -50% -100% Natural Gas Corn Wheat Soybeans Crude Oil Coal Source: CME Group, A CME/Chicago Board of Trade Company 3
Natural Gas: Potential to Lead Economic Renaissance 300% Change in CME Monthly Settlement Prices Since January 2007 250% 200% 150% 100% 50% 0% -50% -100% Natural Gas Corn Wheat Soybeans Silver Gold Copper Crude Oil Coal Source: CME Group, A CME/Chicago Board of Trade Company 4
Coal-to-Gas Switching Trend Continues Still unprecedented amount of fuel switching, but projected less than 2012 5
Natural Gas Spurring 50 Major Industrial Projects 2012-2018 6
Natural Gas Puts America to Work  In addition to today’s load, natural gas poised by 2020 to – Increase power gen (+ 0.5 Tcf) – Bring U.S. manufacturing back (+ 0.5 Tcf) – Supply NGV fleets and trucks (+ 0.1 Tcf) – Export to help balance of trade (+ 0.5 Tcf)  While protecting environment, health, and safety in compliance with state and federal regulations 7

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