Natgas is here to stay16 Apr 2016, Posted by Uncategorized in
Dawn of CNG transportation is challenging the very dominance of oil in fuel market. Natural gas being cheaper and greener fuel is being foreseen as the replacement of gasoline.
Market analysis paves a strong base for the gas market as the fuel prices has been forecasted to stay relatively low. Another factor favouring the gas market growth is the anticipated demands for the cheap fuel all over the globe.
The shale gas revolution is a key growth driver in the gas market. Whilst there could be nibs in the gas prices but averaged is supposed to stay low.
The only challenges that may dampen that economical gas projects are conversion costs and regulations. Government body should take necessary steps to assure a steady growth rate and development of gas energy market.
With low gas prices and transition of main stream transport vehicles into the same, the world would buy out some more time where it can finally find a permanent solution and device some fuel which is entirely pollution free to lead towards an #EnergySecure future.