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About: Peak gas     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatEconomicTheories, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: Thingplaceyago:Abstraction100002137yago:Cognition100023271yago:EconomicTheory105994935yago:Explanation105793000yago:HigherCognitiveProcess105770664yago:Process105701363yago:PsychologicalFeature100023100yago:Theory105989479yago:Thinking105770926yago:WikicatEconomicTheories New Facet based on Instances of this Class

Peak gas is the year in which the maximum global natural gas (fossil gas) production rate will be reached, after which the rate of production will enter its terminal decline. Although demand is peaking in the United States and Europe, it continues to rise globally due to consumers in Asia, especially China. Natural gas is a fossil fuel formed from plant matter over the course of millions of years. Natural gas derived from fossil fuels is a non-renewable energy source; however, methane can be renewable in other forms such as biogas. Peak coal was in 2013, and peak oil is forecast to occur before peak gas. One forecast is for natural gas demand to peak in 2035.