Industry will be the main driver for gas consumption growth in China, led by the chemical and manufacturing sectors. Maps by energy source and topic, includes forecast maps. In 2018, the average annual Henry Hub natural gas spot price increased to $3.16 per million British thermal units (MMBtu), up 15 cents from the 2017 average. The development of natural gas prices for household consumers in the EU-27 since the first half of 2008 is presented in Figure 2. Unfortunately, not all economies are endowed with equal natural and human resources. Hong Kong has the world's highest gasoline prices. Continued growth of U.S. LNG exports and U.S. pipeline exports to Mexico resulted in the United States exporting more natural gas than it imported for the second year in a row. What Are The Major Natural Resources Of Australia. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. Send your feedback to, Residential Energy Consumption Survey (RECS), Commercial Buildings Energy Consumption Survey (CBECS). Financial market analysis and financial data for major energy companies. Prices fell at Henry Hub throughout the month of December, and as of January 2, 2019, prices were $2.79/MMBtu. LNG is the main driver of global trade growth, principally coming from the United States, Australia and Russia. Short, timely articles with graphics on energy, facts, issues, and trends. During January 2018, natural gas spot prices spiked in the Northeast as a period of prolonged cold weather affected much of the eastern United States. When final data become available in the coming months, EIA expects that U.S. natural gas production will have reached record levels in 2018. Japan remains the largest LNG importer but it is China and other developing Asian markets that see their share of trade increase substantially, reaching 45% of trade volumes by 2023 – more than double the share of 2013. Energy use in homes, commercial buildings, manufacturing, and transportation. High demand for natural gas to provide space heating contributed to a record-high weekly withdrawal from U.S. storage, totaling 359 billion cubic feet (Bcf) for the week ending January 5. All maps, graphics, flags, photos and original descriptions © 2020 worldatlas.com, world's best public transportation systems, The Largest Natural Gas Fields In The World. Which Industry Emits the Most Greenhouse Gas? Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Ministerial Hydrogen Initiative, Clean Energy Transitions in Emerging Economies, Global Commission for Urgent Action on Energy Efficiency. In November, natural gas prices again rose as many areas of the United States experienced colder-than-normal temperatures. Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. In Turkmenistan, a gallon of gasoline only costs $1.14. State energy information, including overviews, rankings, data, and analyses. Globally, the industry sector is set to replace power generation as the main driver of growth, with natural gas being used for not only energy for processes but also feedstock for chemicals. Energy & Financial Markets: What Drives Crude Oil Prices? By Jessica Dillinger on June 11 2018 in Economics. As Hong Kong exists on a very small land area that could be easily clogged with automobile traffic, the government encourages its citizens to use public transit as their primary form of transportation. Greenhouse gas data, voluntary reporting, electric power plant emissions. However, there are instances internal or external factors may cause prices to vary between economies with similar access to resources. Natural gas decreased to 2.97 USD/MMBtu on Friday October 23 from 3.01 USD/MMBtu in the previous day.
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