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Forbes: "Amazing" Rise in U.S. Natural Gas Production

By Ilya Batikov

Forbes reports on the “amazing” rise in natural gas production in the United States: “Shale gas today is nearly 50% of U.S. gas supply, when the EIA’s Annual Energy Outlook 2012 projected that this wouldn’t happen until 2035.” The article further notes that “[c]urrent marketed U.S. natural gas production is 75 Bcf/day, compared to 58 Bcf/day in 2008. This is expected to steadily increase to reach a staggering 98 Bcf/day by 2040, or 80% of today’s global output.”

Tags: Marcellus, Oil and Gas, Energy, Utica, Shale

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