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
Carbon capture and storage development completed in 2018. The source of carbon dioxide is the nearby Changling gas field, from which natural gas with about 22.5% CO is extracted. After separation at the natural gas processing plant, the carbon dioxide is transported to Jilin via pipeline and injected for a 37% enhancement in oil recovery at the low-permeability oil field. At commercial capacity, the facility currently injects 0.6 MtCO per year, and it has injected a cumulative total of over 1.1 million tonnes over its lifetime. The Sinopec Qilu Petrochemical Corporation is a large energy and chemical company currently developing a carbon capture unit