Outlook of Natural Gas
In the study of energy as a factor of production (the other factors
being non-energy natural resources, labor, and capital), natural gas is
increasingly gaining prominence. Among fossil fuel types, natural gas
usage has been growing relatively more, compared to other types of
fossil fuel types, namely coal and oil. The unique feature of natural
gas as a low-carbon energy source has made it appealing in highly
environmentally-aware countries as in Europe.