Natural gas in the United States natural gas and natural gas liquids. The exploration for and production of natural gas and petroleum form a single industry, and many wells produce both oil and gas. Because of the greater supply, consumer prices for natural gas are significantly lower in the United States than in Europe and Japan. The low price of natural gas, together with its smaller carbon footprint compared to coal, has encouraged a rapid growth in electricity generated from natural gas. Between 2005 and 2014, US production of natural gas liquids (NGLs) increased 70%, from 1.74 million barrels per day in 2005 to 2.96 million
Natural gas reports the following emissions in million metric tons of carbon dioxide in the world for 2012: Coal-fired electric power generation emits around of carbon dioxide for every megawatt-hour (MWh) generated, which is almost double the carbon dioxide released by natural gas-fired generation. Because of this higher carbon efficiency of natural gas generation, as the fuel mix in the United States has changed to reduce coal and increase natural gas generation, carbon dioxide emissions have unexpectedly fallen. Those measured in the first quarter of 2012 were the lowest of any recorded for the first quarter of any year since 1992. Combined