In 2014, natural gas accounted for 21% of the world's energy supply

Gas: the last fossil fuel standing?

20 January 2017

Cleaner than oil or coal, industry experts are predicting natural gas may be the fuel that helps transform global energy.

Blame the climate. Warmer weather, fuelling demand for air conditioning, was one of a cocktail of ingredients – others included falling production and increased US exports to Mexico and South America – that led to natural gas prices jumping by 33% in the third quarter of 2016. This was the most extreme price surge but globally the cost of natural gas was up 21%.

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Gas: the last fossil fuel standing?

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