Page added on September 2, 2013
The US is now the world’s largest natural-gas producer, with technological advances allowing for a surge in domestic output. In recent decades, the US has been increasingly dependent on imports to meet its energy needs, but the gas boom makes for a much different situation.
3 Comments on "US becomes largest natural gas producer"
Duke on Mon, 2nd Sep 2013 9:06 pm
“There is only one true gas formation in the U.S. that is increasing production, and that’s the Marcellus. Every other single shale gas play is now in decline.”
there is only one true gas formation in the U.S. that is increasing production, and that’s the Marcellus. Every other single shale gas play is now in decline.
BillT on Tue, 3rd Sep 2013 3:06 am
Yes, the different situation is that now there is a glut and the investors are losing their shirts. Soon this bubble will pop and then…
DC on Tue, 3rd Sep 2013 5:40 am
RoFL! The us STILL imports…note the word….*imports* huge amounts of NG from both Canada and Mexico, which are still(technically) sovereign nations and not part of the US.
And secondly…just who is the US exporting all this NG too?
What a joke….