Natural Gas Industry
The natural gas industry involves the exploration, extraction, production, and distribution of natural gas, a fossil fuel primarily composed of methane. It plays a crucial role in energy production, heating, and as a raw material for various chemicals. Natural gas is often considered a cleaner alternative to other fossil fuels, emitting less carbon dioxide when burned.
Key players in the natural gas industry include oil and gas companies, pipeline operators, and regulatory agencies. The industry is influenced by factors such as market demand, geopolitical events, and environmental regulations, which can affect prices and production levels globally.