US Has Almost 100-Year Supply of Natural Gas

The amount of natural gas available for production in the United States has soared 58% in the past four years, driven by a drilling boom and the discovery of huge new gas fields in Texas, Louisiana and Pennsylvania, a new study says.

The report, due to be released Thursday by the nonprofit Potential Gas Committee, concludes the U.S. has more than 2,000 trillion cubic feet of natural gas still in the ground, or nearly a century’s worth of production at current rates. That’s a 35.4% jump over the committee’s last estimate, in 2007, of 1,532 trillion cubic feet, the biggest increase in the committee’s 44-year history.

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