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
Liquefied natural gas efficiency combined cycle power stations. For an equivalent amount of heat, burning natural gas produces about 30 percent less carbon dioxide than burning petroleum and about 45 per cent less than burning coal. On a per kilometre transported basis, emissions from LNG are lower than piped natural gas, which is a particular issue in Europe, where significant amounts of gas are piped several thousand kilometres from Russia. However, emissions from natural gas transported as LNG are higher than for natural gas produced locally to the point of combustion as emissions associated with transport are lower for the latter. However, on