Ability to move natural gas from supply areas like the Marcellus Shale basin in Pennsylvania to demand areas results in more natural gas production, more U.S. energy, more investment, which helps the economy, reduces the potential for price spikes
Pennsylvania’s Phenomenal Increase in Natural Gas Production
Pennsylvania increased its permits for natural gas drilling by 51 percent in 2017 and its rig count by 65 percent, resulting in annual natural gas production increasing by 3 percent reaching a record 15 billion cubic feet per day, second only to Texas in natural gas production. The state’s permitting and drilling activity increase is a result of expanding regional pipeline capacity, moving natural gas to market centers outside of production areas. These new sources of natural gas are adding greatly to Pennsylvania’s economy and are increasing investment in the state.