New Report: Natural Gas Critical to Agriculture Sector
Washington, DC, – The American Gas Association today released a study that underscores the critical role natural gas plays in the U.S. agriculture sector. “Advancing America’s Agriculture: The Value of Natural Gas to U.S. Agriculture and Agrochemicals,” the first in AGA’s Advancing America series, examines how natural gas is essential for a healthy agriculture sector: “The American farmer relies on domestic natural gas for the fertilizer in their fields, the fuel to run their equipment, and energy to process, store and transport our nation’s food supply to feed 330 million Americans, in addition to the countless individuals overseas who depend on U.S. agricultural exports.”
“An abundant and affordable supply of natural gas is critical to the fertilizer industry and our ability to provide essential crop nutrients to farmers,” said Corey Rosenbusch, President and CEO, The Fertilizer Institute (TFI). “Natural gas is the primary feedstock for ammonia, the building block for all nitrogen fertilizers, and accounts for 70-90% of production costs. In the summer of 2022, when the cost of natural gas in Europe soared above $100/MMBtu, we saw 70% of European ammonia production curtailed. The United States needs energy policies that support robust natural gas production and supply.”
Click Here to read more.
“An abundant and affordable supply of natural gas is critical to the fertilizer industry and our ability to provide essential crop nutrients to farmers,” said Corey Rosenbusch, President and CEO, The Fertilizer Institute (TFI). “Natural gas is the primary feedstock for ammonia, the building block for all nitrogen fertilizers, and accounts for 70-90% of production costs. In the summer of 2022, when the cost of natural gas in Europe soared above $100/MMBtu, we saw 70% of European ammonia production curtailed. The United States needs energy policies that support robust natural gas production and supply.”
Click Here to read more.