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
You can expect to find news and breaking legal developments involving the crude oil and natural gas industries, alternative and renewable energy resources, and the latest environmental issues.
Vorys, Sater, Seymour and Pease LLP provides business and legal counsel to clients throughout the United States and around the world. Since its founding in 1909, our firm has grown into one of the largest law firms in the country, with nearly 375 attorneys who are located in nine offices in Ohio, Washington, D.C., Texas, Pennsylvania, California and London.
