Natural gas is a traditional energy resource composed of gaseous hydrocarbons, the primary compound being methane.
The U.S. Energy Information Administration predicts that the recent surge in natural gas production in the United States will have significant, positive effects on the industrial and manufacturing sectors of the economy, especially from 2014 to 2030. Natural gas is used to generate electricity and produce heat, and the industrial and manufacturing sectors are expected to benefit from lower prices. Additionally, chemicals derived from natural gas, such as hydrocarbon gas liquids are used to produce plastics, chemicals and pharmaceuticals. The lower prices of these goods are expected to also benefit the industrial and manufacturing sectors.