RE:Many uses of NG, now Crypto mining then the restGot a new one for you AI will need as much power as every US house uses per year by 2030.
Thats like 25 to 35% more. Piple lines deals are being done in AI alley, Meta added some would say the best Nat gas trader to their board. NA with cheap power is about to eat every other countries lunch.
EU and their terrible energy policy then comes along AI needing 25% more power LOL
CriticalMind55 wrote: -
Residential Use:
- Heating: In homes, natural gas is commonly used for space heating during cold weather.
- Cooking: It powers stoves and other kitchen appliances.
- Water Heating: Natural gas heats water for showers, baths, and household chores.
- Clothes Drying: Gas dryers efficiently dry laundry.
- Outdoor Lights: Some outdoor lighting systems run on natural gas.
- Garage Heaters: Natural gas heaters keep garages warm.
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Industrial and Commercial Applications:
- Electricity Generation: Natural gas-fired power plants produce electricity.
- Chemical Feedstock: It serves as a raw material for manufacturing plastics and other essential organic chemicals.
- Fertilizers and Dyes: Natural gas is necessary for producing these chemical products.
- Space Heating: Commercial buildings use natural gas for heating.
- Industrial Processes: Many industries rely on natural gas for their operations.
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Less Common Uses:
- Vehicle Fuel: While less prevalent, some vehicles run on compressed natural gas (CNG).
- Methanogens and Biogenic Methane: Tiny microorganisms called methanogens create natural gas (methane) in low-oxygen environments near the surface. Landfills, for instance, contain decomposing matter that methanogens break down into biogenic methane. New technologies aim to harvest this potential energy source.