Domestic Supplies of Natural Gas A Top National Priority

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Domestic Supplies of Natural GasA Top National
Priority

• Thomas L. Moskitis
• South Carolina General Assembly
• Natural Gas Exploration Study Committee
• Columbia, South Carolina
• December 3, 2008

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Natural Gas is Important to Our Economy
Average Annual U.S. Energy Use 97 TCF (equivalent)
PETROLEUM 38
NUCLEAR 8
NATURAL GAS 24
COAL 23
HYDROELECTRIC RENEWABLES 7
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GENERATION OPTIONS AFFECTED BY PUBLIC POLICY
Source Henwood Energy Consulting
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Power GenerationAverage Daily Natural Gas
ConsumptionJanuary 1-December 31, 2007
Dec
Source Bentek Energy LLC, Energy Market
Fundamentals, December 31, 2007.
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Daily Natural Gas Consumption by Sector January
1-December 31, 2007
Nov
Dec
Oct
Feb
Mar
May
Apr
Jul
Jun
Sep
Aug
Source Bentek Energy LLC, Energy Market
Fundamentals, December 31, 2007.
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• The Fuel Mix for New Electricity Generating
  Units Must be More Diversified

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• The Direct Use of Natural Gas is the Most
  Efficient Use and the Best Use for Reducing
  Greenhouse Gas Emissions

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Three Times More Energy Reaches the Customer with
Natural Gas
Extraction, Processing, Transportation
Delivered To Customer
Distribution
Conversion1
Electricity
27
100 MMBtu Source Energy
88
29
27 Efficient
CO2 emissions from typical household use
(tons)
Total CO2
0
0
9.3
1.5
10.8

• Based on 2005 actual generation mix of all energy
  sources

Natural Gas
100 MMBTU Source Energy
Not Applicable
90 Efficient
92
90
CO2 emissions from typical household use
(tons)
Total CO2
Not Applicable
6.1
6.5
0.1
0.6
Energy consumed in space and water heating,
clothes drying, and cooking.
11/16/2009
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Residential CO2 Emissions
Source Energy Information Administration, AGA
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U.S. GHG Emissions 2004Total 7,074 MMTonnes
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• Natural Gas Supplies Must Be Increased to Meet
  the Demands of a Carbon-
• Constrained Energy Economy

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OFFSHORE OFF LIMITS
Pacific OCS 18.3 Tcf 10.5 Bbbl
Atlantic OCS 37 Tcf 3.8 Bbbl
Alaska OCS 132 Tcf 26.6 Bbbl
Gulf of Mexico OCS 232.5 Tcf 44.9 Bbbl
Source Report to Congress Comprehensive
Inventory of U.S. OCS Oil and Natural Gas
Resources, Minerals Management Service, February
2006.
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Thank You!

• Thomas L. Moskitis
• Managing Director External Affairs202.824.7031
• tmoskitis_at_aga.org
• www.aga.org