{"id":391657,"date":"2020-12-26T10:44:54","date_gmt":"2020-12-26T05:14:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=391657"},"modified":"2020-12-26T11:14:29","modified_gmt":"2020-12-26T05:44:29","slug":"gas-is-cleaner-than-oil-but-still-has-a-transition-problem","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gas-is-cleaner-than-oil-but-still-has-a-transition-problem\/","title":{"rendered":"Gas is cleaner than oil, but still has a transition problem"},"content":{"rendered":"<p>As a relatively clean fossil fuel, natural gas will play a useful role for years to come. It is less certain that it will be a profitable one.<\/p>\n<p>Exuberant investment in new gas reserves and liquefaction facilities in recent years helped globalize the market but also created a glut. Growing Asian demand has pushed prices up dramatically this month, raising hopes of better times. But any sustained recovery in prices and profits will require fossil-fuel producers to resist the temptation to overinvest once again in their favorite green-transition fuel.<\/p>\n<p>Future gas demand will balance two major trends: growing prosperity in Asia driving an increase in consumption; and declining sales in Europe and North America. Future profitability depends on how well supply and demand match up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a relatively clean fossil fuel, natural gas will play a useful role for years to come. It is less certain that it will be a profitable one. Exuberant investment in new gas reserves and liquefaction facilities in recent years helped globalize the market but also created a glut. Growing Asian demand has pushed prices up dramatically this month, raising hopes of better times. But any sustained recovery in prices and profits will require fossil-fuel producers to resist the temptation to overinvest once again in their favorite green-transition fuel. Future gas demand will balance two major trends: growing prosperity in [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-391657","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/391657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=391657"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/391657\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=391657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=391657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=391657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}