A StreetBlabber.com Special.* Since 2000, natural gas prices have risen dramatically and continue to remain high. The world is now concerned about the future of natural gas prices which will have an impact on the people and economic growth of countries throughout the world. Another major problem is the shortage of natural gas to power the many cities occupied by you and me. Natural gas accounts for more than twenty percent of the energy consumed and about thirty percent of the energy produced in the United States. The largest user of natural gas is the industrial sector which innovates solutions to consumers which you will learn more about throughout the article. Natural gas is the "largest source consumed in the residential sector and the fastest growing energy source for electricity generation." So what exactly does the future hold for the natural gas industry? Let us begin with the story of an industry giant. Exxon Mobil, the company formed in 1999 by the merger of two major oil companies has grown to become an industry leader. The company has experienced some downfalls in it's past including the famous 1989 Valdez oil spill which was considered one of the most devastating man made environmental disasters ever to occur at sea. Exxon Mobil has been criti
cized for its slow response to the disaster and as a result, the community felt betrayed. Despite these downfalls, Exxon Mobil has recovered. The company was recently named the "most profitable" by Fortune Magazine, and continues to climb. Does this mean that the natural gas industry is improving? In fact, most of the companies that were featured on Fortune's Most Profitable list were within the energy sector. Despite the current hype, we should be concerned. A major threat is among us that just just might hurt the natural gas industry. Global Warming is already affecting the world and we must be cautious. People are becoming aware that
we are the problem. The over usage of energy is destroying our natural environment. As a result, the world will experience long, hot summers with intense heat waves and an increase in natural disasters. Warmer weather will cause major tropical storms that I predict will surpass Hurricane Katrina in strength and destruction. Winters will be short but severe; extreme blizzards and below freezing temperatures will occur. This is no exaggeration...this is the
truth. Because of this potential crisis we must try to pr
event the issue or else it will escalate to another level that will permanently scar our civilization. One company is benefiting from this problem. Best known for their energy innovations, General Electric's (GE) mission is to literally change or better yet
save the world. The company has transformed into a fully "green" organization. Mostly all of their products are now Eco-friendly. They provide solutions to make the world a better place to live in. GE's new launch of Ecomagination has taken on several projects. The company has worked with Shafer Vineyards to provide solar energy solutions which significantly reduced their cost of power usage. GE developed The Evolution, which is a diesel powered locomotive on the rails, provided wind-powered energy to the town of Arklow, Ireland, created a distillation method to offer drinkable water to regions in Africa, and provided a record-breaking aircraft engine (GE 90-115B) to Japan Airlines. Will these methods power our world in the future? Probably so. The natural gas industry could be in trouble unless they join the movement. BP and Royal Dutch Shell have been researching natural gas alternatives such as hydrogen power to fuel automobiles. Power plants a
cross the United States have turned to coal instead of burning fossil fuels which is a major air pollutant. Coal is said to be less expensive and more efficient according to industry experts. Global warming, if not prevented, will cause severe winters and natural gas will be used to heat homes and offices. Also, some of GE's projects are slightly powered by natural gas. It all started with the invention of the light bulb and the world is now turning to natural energy such as the sun and wind. There must be a reason why these sources are given to us... my guess is to use them. We will have to cooperate to create a solution. Please visit
ge.ecomagination.com for more information. Thank you for reading this summer's StreetBlabber.com Special* Please leave a comment for the writer... we will greatly appreciate it.
A StreetBlabber.com Special.* Since 2000, natural gas prices have risen dramatically and continue to remain high. The world is now concerned about the future of natural gas prices which will have an impact on the people and economic growth of countries throughout the world. Another major problem is the shortage of natural gas to power the many cities occupied by you and me. Natural gas accounts for more than twenty percent of the energy consumed and about thirty percent of the energy produced in the United States. The largest user of natural gas is the industrial sector which innovates solutions to consumers which you will learn more about throughout the article. Natural gas is the "largest source consumed in the residential sector and the fastest growing energy source for electricity generation." So what exactly does the future hold for the natural gas industry? Let us begin with the story of an industry giant. Exxon Mobil, the company formed in 1999 by the merger of two major oil companies has grown to become an industry leader. The company has experienced some downfalls in it's past including the famous 1989 Valdez oil spill which was considered one of the most devastating man made environmental disasters ever to occur at sea. Exxon Mobil has been criti
cized for its slow response to the disaster and as a result, the community felt betrayed. Despite these downfalls, Exxon Mobil has recovered. The company was recently named the "most profitable" by Fortune Magazine, and continues to climb. Does this mean that the natural gas industry is improving? In fact, most of the companies that were featured on Fortune's Most Profitable list were within the energy sector. Despite the current hype, we should be concerned. A major threat is among us that just just might hurt the natural gas industry. Global Warming is already affecting the world and we must be cautious. People are becoming aware that we are the problem. The over usage of energy is destroying our natural environment. As a result, the world will experience long, hot summers with intense heat waves and an increase in natural disasters. Warmer weather will cause major tropical storms that I predict will surpass Hurricane Katrina in strength and destruction. Winters will be short but severe; extreme blizzards and below freezing temperatures will occur. This is no exaggeration...this is the truth. Because of this potential crisis we must try to pr
event the issue or else it will escalate to another level that will permanently scar our civilization. One company is benefiting from this problem. Best known for their energy innovations, General Electric's (GE) mission is to literally change or better yet save the world. The company has transformed into a fully "green" organization. Mostly all of their products are now Eco-friendly. They provide solutions to make the world a better place to live in. GE's new launch of Ecomagination has taken on several projects. The company has worked with Shafer Vineyards to provide solar energy solutions which significantly reduced their cost of power usage. GE developed The Evolution, which is a diesel powered locomotive on the rails, provided wind-powered energy to the town of Arklow, Ireland, created a distillation method to offer drinkable water to regions in Africa, and provided a record-breaking aircraft engine (GE 90-115B) to Japan Airlines. Will these methods power our world in the future? Probably so. The natural gas industry could be in trouble unless they join the movement. BP and Royal Dutch Shell have been researching natural gas alternatives such as hydrogen power to fuel automobiles. Power plants a
cross the United States have turned to coal instead of burning fossil fuels which is a major air pollutant. Coal is said to be less expensive and more efficient according to industry experts. Global warming, if not prevented, will cause severe winters and natural gas will be used to heat homes and offices. Also, some of GE's projects are slightly powered by natural gas. It all started with the invention of the light bulb and the world is now turning to natural energy such as the sun and wind. There must be a reason why these sources are given to us... my guess is to use them. We will have to cooperate to create a solution. Please visit ge.ecomagination.com for more information. Thank you for reading this summer's StreetBlabber.com Special* Please leave a comment for the writer... we will greatly appreciate it.
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