Posted September 22, 2014
Will America Take Advantage of Its Natural Gas Opportunity?
Washington Examiner op-ed (Karen Harbert): America's economic recovery is being fueled by energy. Increased natural gas production is at the center of our energy revolution, creating new opportunities at home and abroad.
Not long ago, conventional wisdom was that America’s natural gas production would decline over time. Terminals were planned and built in anticipation of the need to import natural gas from overseas. Now, these facilities are either being converted to export terminals or are idle.
Obviously, things have changed — and for the better. The combination of hydraulic fracturing and horizontal drilling made accessing unconventional oil and gas much easier, safer, and cost effective. More and more formations were discovered, and now, natural gas extracted from shale makes up over one-third of total U.S. natural gas production. Over time, this trend will continue to increase to about half of our natural gas production by 2030.
Read more: http://washex.am/1shy8Z1
More industry news:
Pressure Builds to Allow U.S. Exports of Crude: http://bit.ly/1shywXs
Opinion: Energy Boom Can Fuel Big Boost in World Security: http://bit.ly/1mBRFRL
Industry Outlook Looks Bright for Houston Energy Firms: http://bit.ly/XWzomB
Natural Gas Industry Remedies ‘Brain Drain’ in Western Pennsylvania: http://bit.ly/1shzvXG
New Business Rolling into Ohio Town Thanks to Shale: http://bit.ly/1portET
Shale Oil Production from Bakken, Eagle Ford up 3.1 Percent in August: http://bit.ly/1ylWFyM
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.