Natural gas prices set the price of electricity so now, with gas prices relatively low, the target is small.
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"Targets on reductions in greenhouse gas emissions set by the Executive are also now well on track to be met, " he said.
Demand for natural gas is set to rise in the U.S. as power plants and the industrial sector increase their consumption of the fuel.
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For the first time since 1982, overall world energy demand fell. (The drop in natural gas use set a record.) In China, however, consumption is way up.
LNG, which is much more tradeable and mobile than pipeline-delivered gas, is set dramatically to change the equilibrium of the gas market.
Gas prices are set on global markets by the price of a barrel of oil.
Unconventional sources of oil and gas that are set for further exploitation include Canada's tar sands, shale and coal-bed methane deposits around the world.
But the chief executive, his workforce and their customers can at least rest a little more comfortably over the issue of energy security now that the British gas and electricity giant is set to build a massive 885-megawatt gas-fired plant in Langage, Devon.
The gas-station sale set a record price per square foot for a development site in Chelsea.
At Sanarpar, outside Dhaka, police fired rubber bullets and tear gas at strikers who set light to a lorry, police chief Abdul Matin told AFP news agency.
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In turn, high natural gas prices pushed up electricity prices in many parts of the country, especially in states like New York where highest-priced gas-fired generators set the price of electricity during high-demand hours.
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And while other sectors of the energy complex, such as natural gas and oil appear set to benefit from the fall from grace that uranium is facing, the situation in Japan has created an inflection point in the market.
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In the next chapter of the Great North American Oil And Gas Boom, a wave of consolidation is set to hit the U.S. oil and gas industry.
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China had no commercial shale gas production in 2011, but has set itself an ambitious target of producing 229.5 billion cubic feet of shale gas a year by 2015.
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Wind shares are being slowed by low natural gas prices, which generally set the price of electricity.
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Britain's dependence on gas for its electricity seems set to rise from just under half to three-quarters in a decade.
The U.S. success has set off shale gas explorations worldwide, and promising sites have been uncovered in Europe, particularly in France, Germany, Poland, and Ireland.
Such trusts receive a stream of cash from the sale of oil and gas generated from a particular set of fields, which they pass along to unit holders.
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The system would set a price for greenhouse gas emissions, such as carbon dioxide, and polluters would obtain and trade credits for emissions over a set threshold.
Thames Valley Police said an officer driving past the site saw the blaze and a number of gas canisters appeared to have been set alight.
Making a major push for natural-gas vehicles would add yet another set of mandates and incentives, including the creation of a costly new fueling infrastructure.
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Sequestration's critics are legion, but it may be a requirement to meet the 2020 greenhouse-gas-reduction goals most countries set for themselves prior to the Copenhagen talks.
If sales trends follow those set during the 2008 gas price crisis, then automakers will likely see a decrease in demand for fuel-efficient models once gas prices return to normal.
Former petroleum minister Sameh Fahmy is among a host of other former Egyptian officials charged in relation to prices set in the Israel gas deal, according to Egypt's state-run Ahmramonline website.
On top of that, the Environmental Protection Agency, in response to a decision by the Supreme Court, may have to set limits on greenhouse gas emissions from vehicles -- establishing another standard.
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There was a ripple of fear in Britain when test-drilling for shale gas in north-west England set off small earth tremors, but the evidence so far suggests that earthquakes should not be a worry.
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But after an anxious 25 minute wait, the flash igniters set up around the leaking gas pipe failed to go off.
Mozambique state-news announced at the weekend that Anadarko was set to build a natural gas factory that will produce upwards of one billion cubic feet per day.
Others argue that the tear gas, at the very least, set the stage for an inadvertent inferno--a claim long since dismissed as bad science by an independent investigation.
This is a slightly curious argument, in that - in today's recessionary conditions - most retailers would kill to have British Gas's margins and ability to set prices.
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