Is Natural Gas the Next Big Thing for American Energy???

Consumption of natural gas set a new record last year, reflecting increased demand from natural gas fired power producers and bouts of extreme weather.

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Natural gas consumption increased 10 percent last year to 82.1 billion cubic feet per day, the Department of Energy reported.

Electric power producers accounted for 35 percent of the natural gas consumption last year, representing 29.1 billion cubic feet per day. New natural gas generator capacity continues to replace less efficient coal-fired power plants. The U.S. added about 14.5 gigawatts of natural gas capacity last year while retiring nearly 13 gigawatts of coal-fired capacity.

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