Energy Environmental Blog

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

Written by Ilya Batikov | Jun 7, 2015 11:57:38 AM

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.”