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Transcript of Fossil Fuel
Fossil Fuels and where they're found
Top producers of fossil fuels
The three largest producers of fossil fuels are China, America and Russia, with Saudia Arabia being the fourth largest producer of fossil fuels over all.
Petroleum is easily stored and transported and has a relatively high energy density. These characteristics are well suited to the transportation market.
Natural gas burns cleanly, is easily transported by pipeline, and can be stored in salt domes and old gas fields for peak use. As a result, it is a desirable fuel for the geographically distributed.
Coal is abundant in the United States, is easily stored, and is less expensive, with lower price volatility than other fuels.
Economic feasibility. The cost of exploiting alternative resources increases as they become more challenging
Access to resource quantities of oil estimated to occur in the coastal plain of the Arctic National Wildlife Refuge which is currently off limits to exploration and production
Natural gas is lighter than air. Natural gas is mostly made up of a gas called methane. Methane is a simple chemical compound that is made up of carbon and hydrogen atoms. It's chemical formula is CH4 – one atom of carbon along with four atoms hydrogen. This gas is highly flammable. Natural gas is usually found near petroleum underground. It is pumped from below ground and travels in pipelines to storage areas. Natural gas usually has no odor and you can't see it. Before it is sent to the pipelines and storage tanks, it is mixed with a chemicals that give a strong odor. The odor smells almost like rotten eggs. The odor makes it easy to tell if there is a leak.
Natural Gas is a Type of Fossil Fuel
Total capital costs per well in the onshore
regions considered in the study from $4.9 million to $8.3 million, including average completion costs
that generally fell in the range of $ 2.9 million to $ 5.6 million per well. However, there is considerable
cost variability between individual wells.