Natural Gas – Becoming a Global Market in the Near Future?Association of Construction & Development
September 4, 2013 — 1,614 views
If you look at the natural gas prices today, you will be shocked to see how low they really are. It is in fact quite surprising to find an energy or fuel source at such economic rates in today’s world. Other fuel sources like petrol and diesel have prices that are shooting through the roof in no time. However, the going rate for natural gas is hardly four dollars, and companies that have invested in this are trying to shift out into a more profitable field. Yet natural gas is a very efficient source of energy, and works just as well as other fuel types.
Merits and Demerits of Natural Gas as Fuel
The only discrepancy is that its source is manure, which is why most people are against using it. If more research is done and if there are other mechanisms of using the same resource then the minute problems like the smell and the substance itself can be eradicated. A fully mechanized process of using natural gas would do wonders. The price of fuel will once again be rather affordable, and our depleting source of petrol and diesel will cease to be a major reason for concern.
Depleting Resources in the Current Economy
Today, most of the world’s activity revolves around fuel sources. The ownership of the resources certainly has a monetary and political benefit with it. Also, the environment is slowly being destroyed on account of machinery that works on such fuel types. Once the mechanization process is completed, it is certainly a viable option to create efficient engine systems that can support the fuel type. Therefore, it is important to consider the option of natural gas and take this thought up seriously. Time is not on our side as the world’s resources are depleting day by day.
Environment-Friendly and Inexpensive
This form of sustainable resource is both environment-friendly and inexpensive. Even now people consider this sort of resource a long-term investment. Many individuals put their money on shares of organizations that are into research and development of sustainable sources of energy. Only now are hybrid fuel types slowly coming and being accepted in the market. However, there is no point assuming that these will become viable energy sources only in the long-run. It is important to start considering them as energy sources for the present age.