Future of natural gas prices

Most reports indicate and competent scientific studies that the world is on the verge of a renaissance reality in the gas industry driven by the growing demand for it as a safe and clean source of energy. And will all the challenges and obstacles faced by other energy sources such thermal emissions of coal, oil, and nuclear dangers and the impact of bio-fuels on food and the efficiency of solar energy, real opportunities to enter the golden age of natural gas. In a report last Exxon Mobil was clearly pointed out that the growth in demand of natural gas is the most among other sources of energy will reach the increased demand for gas to about 60 per cent by 2040. This leading some observers to argue that the gas will replace coal as the largest second source of energy after oil in 2035 as shown in Table 1. The decline in demand for gas in the world increased by 2.1 per cent in 2009 like other energy sources as a result of the global economic crisis, and then returned to demand to rise by 7.1 per cent in 2010, and especially because of rising Japanese demand for liquefied natural gas in the wake of the earthquake disaster The tsunami that hit the country in March last and the nuclear crisis that followed