There are several explanations for the fluctuation in the demand for natural gas. Some factors, more obvious than others, will generate an assembly leading up to whether or not these affects are long term or short term. Due to the many uses of natural gas, the request remains continuous; yet there are certain times where the demand peaks for good cause. The first well-known contribution to the need for natural gas is the weather. In the brutal cold of the winter or the sweltering heat of the summer, we are doing our best to remain comfortable at an acceptable temperature. Technology has proven that the best way to do so is via electricity that requires plenty of natural gas. Diverse weather patterns allow for short-term, increased demands. When the climate allows for a change in the seasons, natural gas can usually catch a slight break from a constant demand. While weather is one way that determines the need for natural gas, there are many other variables that pose a requirement for larger, more continuous, supplies of the resource. For example, residential and commercial demand, industrial demand, electric generation, and the transportation sector are all pieces of the puzzle that require endless supplies of natural gas. All of these influences affect the economy differently, but they all pose a long lasting presence in our everyday lives for many years to come. After extensive research it appears that increases in the uses for natural gas will increase steadily over the years to come. Natural gas will unceasingly tend to our daily living experiences as one of our most valued resources. New technologies and advancements may help determine the long term and short term effects of the gas, but the resource appears to remain a necessity for day-to-day transactions well into future generations.
What Affects Natural Gas Demand?
by betweenpixels | Nov 6, 2013 | General