HALF YOUR COSTS, DOUBLE YOUR RANGE
In 2019, the costs of hydrocarbon fuels in major energy-consuming segments in the US were as follows.
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Power production
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the cost of natural gas for power production was $33.7 bn;
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the cost of natural gas for power production by coal-fired power plants converted to natural gas-fired power plans would have been $30.6 bn, if all coal-fired power plants operating were converted.
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Heating
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the cost of natural gas for residential, commercial, and industrial heating was $104.8 bn;
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the cost of distillate for residential and commercial heating was $16.6 bn.
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Highway Vehicles
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the cost of gasoline and diesel fuel was $513.3 bn.
Civil Aviation
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the cost of jet fuel consumed by airlines was $36.5 bn.
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In 2019, the overall cost of natural gas, heating distillate gasoline, diesel fuel, and jet fuel in the US would have been $735.8 bn, if all coal-fired power plants operational in the US were converted to natural gas-fired power plants.
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If in 2019 AG-Cycle was implemented at full scale, it would have reduced the cost mentioned above by around $441.6 bn.
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If in 2019, natural gas producers and distributors implemented AG-Cycle at full scale for reducing natural gas consumption pertinent to its production and distribution and imported the saved natural gas, they would have additionally received $6 bn.
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