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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;

  • 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;

  • 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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more detailed information on the subject

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