providing an efficient, economical energy source
Natural gas is the cleanest burning conventional fuel, producing lower
levels of greenhouse gas emissions than the heavier hydrocarbon fuels,
like coal and oil. The advantages of natural gas include its efficiency,
abundance, and versatility. Historically, natural gas also has been one of
the most economical energy sources. By 2040, U.S. households are on
track to save an aggregate $100 billion – roughly $655 per household per
year – thanks to the rising use of natural gas.
Natural gas sits at the center of this revolution. Surging supplies translate
into lower prices for the many goods and services of which natural gas is a
part, including fuel, fertilizer, electricity, raw materials and more.
Natural gas is the cleanest burning conventional fuel, producing lower levels of greenhouse gas emissions than the heavier hydrocarbon fuels, like coal and oil. The advantages of natural gas include its efficiency, abundance, and versatility. Historically, natural gas also has been one of the most economical energy sources. By 2040, U.S. households are on track to save an aggregate $100 billion – roughly $655 per household per year – thanks to the rising use of natural gas.
Natural gas can be used to fuel electric power plants, heat buildings and is
used as a raw material in many consumer products, including plastics.
Finding ways to sustain growth while lowering emissions is a growing
imperative. Though U.S. carbon emissions shrank last year, they have
continued to grow worldwide. In coming decades, as new cities, factories
and infrastructures rise around the world, U.S. natural gas can help fuel our
energy demand and economic growth, both at home and abroad.
Chevron is engaged in every aspect of the natural gas business –
exploration, production, liquefaction, shipping,
pipelines, marketing and
trading, power generation, and gas-to-liquids. We hold the largest natural
gas resource position in Australia through
the Gorgonand Wheatstone projects and the
North West Shelf Venture.
We also have significant natural gas holdings in western
Africa, Bangladesh, China, Indonesia, Kazakhstan, North America,
the Philippines, South
America, Thailand and the United Kingdom.
Natural gas is a growing segment of Chevron’s energy portfolio.