Natural Gas Flashcards

1
Q

What % of global energy is derived from vas?

A

20%

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2
Q

Give 3 key reasons for the UK’s increasing dependence on oil

A
  • Power stations quick to buikd conpared to coal and nuclear
  • Decline in wholesale gas prices during 1990’s
  • Advances in electricity generation technology
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3
Q

In 1990, gas stations comprised……. of UK generating capacity

In 2002, it ….. to ……

A

5%

Increased
30%

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4
Q

When will gas supplies run out?

A

Currently increasing and new sources being discovered (fracking) so difficult to predict

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5
Q

Economic and political disputes over gas prices can lead to gas supplies being cut. What are the implications of this?

A
  • Increased prices so companies may struggle to make a profit or expand
  • Higher transport costs which can increase food costs
  • Various resources become more expensive
  • Pressure on global/ political relationships
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