Natural Gas Flashcards
1
Q
What % of global energy is derived from vas?
A
20%
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
3
Q
In 1990, gas stations comprised……. of UK generating capacity
In 2002, it ….. to ……
A
5%
Increased
30%
4
Q
When will gas supplies run out?
A
Currently increasing and new sources being discovered (fracking) so difficult to predict
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