The volatile and upward trend in U.S. natural gas

Home > Diane Publishing Books >

Impact of Rising Natural Gas Prices on U.S. Ammonia Supply

Our Price: $15.00

By Wen-yuan Huang (au)
Year: 2007
Pages: 18
Binding Paperback

Product Code: 1437921116

Description

The volatile and upward trend in U.S. natural gas (NG) prices from 2000-06 has led to a 17% decline in the Nation’s annual aggregate supply of ammonia. During the period, U.S. ammonia production declined 44%, while U.S. ammonia imports increased 115%. Also, the share of U.S.-produced ammonia in the U.S. aggregate supply of ammonia dropped from 80 to 55%, while the share from imports increased from 15% to 42%. Meanwhile, ammonia prices paid by farmers increased from $227 per ton in 2000 to $521 per ton in 2006, an increase of 130%. NG is the main input used to produce ammonia. Additional increases in U.S. NG prices could lead to a further decline in domestic ammonia production and an even greater rise in ammonia imports. Illus.

Share your knowledge of this product with other customers... Be the first to write a review