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The global natural gas market has also witnessed significant transformations driven by technological advancements. Hydraulic fracturing (fracking) and horizontal drilling have unlocked vast reserves of natural gas, particularly in North America, leading to a surge in production that has driven down prices and increased accessibility. As a result, countries that previously relied heavily on coal and oil are now turning to domestic natural gas resources as a means to enhance energy security and reduce dependence on imported fuels.


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Despite its many advantages, natural gas is not without its challenges. Issues such as methane leakage during extraction and transportation pose environmental risks, while concerns about finite reserves raise questions about the long-term sustainability of natural gas as an energy source. However, ongoing research and development efforts are focused on addressing these challenges and finding innovative solutions to ensure the continued viability of natural gas as a primary energy source.


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