U.S. Is Awash with Natural Gas and More Production Is on Its Way
The growth in U.S. natural gas production in shale basins and offshore is expected to provide access to world markets through our vastly growing LNG terminals
By Institute for Energy Research —— Bio and Archives--December 27, 2018
Global Warming-Energy-Environment | Comments | Back To Full Article
The Energy Information Administration recently released its reserves report, noting that proven reserves of natural gas increased 36 percent to 464.3 trillion cubic feet--a record that surpasses the previous high set in 2014. Natural gas production in 2017 increased by almost 3 percent from 2016 production levels--another record high. Most of this natural gas is coming from the Marcellus and Utica shale plays in Pennsylvania and neighboring states. Over a decade ago, companies began combining horizontal drilling techniques with hydraulic fracturing to unlock natural gas from shale rock.Welcome to CFP’s Comment Section!
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