Projected Natural Gas Supply Deficit in November 2016 Expected to Make Prices Spike
The recent low gas prices resulting from abundant supply combined with a warm winter are unlikely to stay for long, according to new data from the U.S. Energy Information Administration (EIA). Since October 2015, total supply has been declining due to production being flat. As a result, the EIA forecast shows that prices will likely double by the end of 2017.
Read the full article on Forbes.
CNG Remains Competitive Amidst Traditional Fuel Price Slump
In a new report from BCC Research, compressed natural gas (CNG) has continued to be a cost-effective option for fleets fueled by on-site compressors. While diesel prices have continued to decline, CNG has continued to be a viable option for many commercial fleets fueling up from their own utility-pipe connection.
Check out the full story on Trucking Info.
U.S. Rooftops Show Even Greater Electricity Production Potential
The National Renewable Energy Laboratory (NREL) has found that significant opportunities for solar on U.S. building rooftops exist – to the tune of 39% of current electricity sales. In the January report, the NREL used light detection and ranging (LiDAR) and geographic information system (GIS) data on buildings across 128 cities to get a comprehensive picture of the solar opportunities that still exist in the U.S. – which is even more promising than previously estimated.
Read more on PV-Tech.
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- 54% of the energy consumed in commercial buildings is attributed to HVACR and water heating products.
- CNG vehicles generate approximately 30% less carbon emissions than vehicles fueled by gasoline.
- An ENERGY STAR-labeled computer uses 30%-60% less electricity than computers without ENERGY STAR.
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