Interfuel competition in the US industrial market
Conference
·
· Energy Technol. (Wash., D.C.); (United States)
OSTI ID:5636575
The primary focus of this paper is on the short-term interfuel competition that natural gas will face with residual fuel oil in the industrial and power plant markets in a few years. The major conclusion is that burnertip gas prices will increasingly have to compete with lower sulfur residual fuel oils because of low oil prices, upgraded refinery configurations, more balanced gas supplies, and a lack of adequate wellhead exploration incentive. In the longer run, all gas boiler load is potentially switchable to oil or coal. The implications for the gas industry of ongoing competition with residual fuel oil setting the upward ceiling on gas prices are that the use of gas as an industrial and power plant fuel will most likely decline unless more gas can be discovered than current trends indicate. 14 figures.
- Research Organization:
- Tennessee Gas Transmission, Houston, TX
- OSTI ID:
- 5636575
- Report Number(s):
- CONF-850301-
- Conference Information:
- Journal Name: Energy Technol. (Wash., D.C.); (United States) Journal Volume: 12
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
03 NATURAL GAS
030600 -- Natural Gas-- Economic
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29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
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32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
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COMPETITION
ENERGY POLICY
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FUEL GAS
FUEL OILS
FUEL SUBSTITUTION
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INDUSTRY
LIQUID FUELS
MARKET
NATURAL GAS
NATURAL GAS INDUSTRY
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PETROLEUM PRODUCTS
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030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320301* -- Energy Conservation
Consumption
& Utilization-- Industrial & Agricultural Processes-- Energy Sources
COMPETITION
ENERGY POLICY
ENERGY SOURCES
EXPLORATION
FLUIDS
FOSSIL FUELS
FUEL GAS
FUEL OILS
FUEL SUBSTITUTION
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
INDUSTRY
LIQUID FUELS
MARKET
NATURAL GAS
NATURAL GAS INDUSTRY
OILS
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
PETROLEUM PRODUCTS
PRICES
RESIDUAL FUELS