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
Coal maximum. As of 2018 global peak coal consumption is predicted to occur by the early 2020s at the latest. Coal-fired generation puts out about twice the amount of carbon dioxide—around a tonne for every megawatt hour generated—than electricity generated by burning natural gas at 500 kg of greenhouse gas per megawatt hour. In addition to generating electricity, natural gas is also popular in some countries for heating and as an automotive fuel. The use of coal in the United Kingdom declined as a result of the development of North Sea oil and the subsequent dash for gas during the 1990s.