The price
of oil is rising quickly, with no signs that it will stop any time soon. From
now on into the future, it will only become scarcer and more costly to produce.
And as the price of oil rises, so too does the price of almost every other
commodity. This includes everything from electricity to the bread that you buy
off the shelves of your local grocery store or bakery.
For people
in Texas, a state that has always had its fair share of
accessible oil, the rising cost and declining supply of oil fuel is an
especially bitter pill to swallow. Oil plays a role in
almost every facet of our lives and economy - while nearly 2/3rds goes towards
transportation, additional applications include plastics, asphalt, fertilizer,
feedstock, and military and defense.
Necessity
being the mother of invention, some smart and adventurous homeowners are
turning to natural gas as an alternative to power their appliances and
everything else they need. Freeing your family from the grip of Big Oil might
take some additional effort and ingenuity, but the outcome will be rewarding.
Why
Natural Gas?
Natural
gas is a combustible mixture of several hydrocarbon gases. A clean burning
fuel, it can be used by homeowners as either compressed natural gas
(CNG)
or liquified natural gas (LNG). CNG offers a plethora of uses due to the
versatility it has as a fuel. It can be burned directly to produce heat that can
be used to cook or to simply keep your home warm in the coldest of months, or
it can be used as fuel for a generator to produce electricity. It’s also
commonly used as a transportation fuel.
Homeowners in Texas
are at a considerable advantage due to the fact that there are a large number
of available and plentiful natural gas deposits in Texas. This allows for CNG to
be offered at a price that tends to be below that of grid-provided electricity
for the amount of energy that it can produce. This also allows for homeowners
to invest in wells on their land, which allows them to become both
self-sufficient and to have an alternative to relying on an often inadequate
and aging electrical grid.
Natural
gas also burns cleaner than age-old alternatives like coal or charcoal, which
means that there's less harm to the environment and less hazards to you and
your family when you use it as a fuel source.
If you
have the proper knowledge, it is possible to install a gas line on your own.
Directions for the assemblage and installation of gas lines can be found online
and in print - though if you doubt your skills, it may be best to call a
professional. Converting vehicles to run on natural gas
can also be done relatively cheaply and easily.
How
Does It Compare to Other Green Alternatives?
Natural
gas tends to produce electricity more efficiently and reliably than most other
green methods of energy production.
For
example, it takes around eight times the amount of investment to reliably
produce the same amount of energy
with solar power as it would with natural gas. Couple this with the fact that
natural gas costs around the same as coal, which is currently one of the
cheapest methods of producing electricity, to see why it's preferable in terms
of efficiency.
In states
where the energy market is deregulated, like New York, Nevada, and Ohio, many homeowners have
chosen to work with electricity providers that utilize natural gas to create
electricity (more info here). The switch makes
sense from an environmental standpoint too, especially when you factor in that,
per megawatt hour, electricity produced by coal creates roughly
twice as much carbon dioxide emissions than electricity which is generated
with natural gas (approximately 2,000 pounds vs. 1,100).
The other
notion to keep in mind is that natural gas can reliably produce energy during
all hours of the day with an independence from environmental conditions. That
means a lack of wind or sun won't stop it from providing you with heat or
electricity.
The
biggest and only real disadvantage of natural gas is that you must always have
a source of it to reliably produce electricity. In other words, you must have
an independent source of natural gas if the utilities ever go out for a
prolonged period of time. Natural gas delivery tends to stop when the power
grid fails.
Drop in
Texas Natural Gas Prices
Natural gas prices in Texas are at an all-time low
since 2008. The main reason this has occurred belongs to the recent
advancements in shale well technology making it easier and safer to drill new
natural gas wells that produce a large amount of product.
The price of natural gas in Texas is
likely to remain on a slight incline over the next few years. The supply of
natural gas will support this as the technology to efficiently meet any
increases in demand will be in place. While natural gas, like oil, is a
non-renewable resource, the amount of natural gas that lies beneath the earth
will meet much of our needs for decades into the future.
My thanks to
Beth Kelly for an excellent article.
Be aware. Be
informed. Be prepared.
Riverwalker