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The natural gas market is characterized by a complex interplay of supply and demand, influenced by various factors such as geopolitical stability, economic growth, and technological advancements. The recent surge in shale gas production, particularly in the United States, has reshaped the global natural gas landscape, leading to increased competition and lower prices. This revolution has not only provided energy security for many nations but also contributed significantly to economic growth and job creation.
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In many developing countries, LPG has become a vital alternative to traditional biomass fuels, such as wood and coal. Cooking with biomass can release significant indoor air pollutants, leading to severe health issues for households that rely on these sources. LPG, being a cleaner option, has helped to mitigate these health risks. Many governments have launched initiatives to promote LPG adoption as part of their energy transition strategies, recognizing that this shift can enhance public health broadly while reducing environmental degradation.
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