The potential gas committee of the American Gas Association recently reported a 16 percent increase in domestic natural gas resources in the U.S. since its previous biannual report. The 60th anniversary report revealed the largest reported value in its history. The report said, “The increase shows an industry primed to fuel the economy of the future with abundant domestic supplies to meet growing demand for energy.”
Richard Meyer, AGA vice president, said Sept. 23, “Vast supply helps to make natural gas an affordable and reliable fuel choice for our energy needs, and permitting reforms will further enable the movement of these molecules to directly fuel our growing economy and our families.”
The committee said the U.S. now has 3,871 Tcfd of total technically recoverable natural gas resources with shale gas accounting for 58 percent of total natural gas resources. Total U.S. future natural gas supply, including both reserves and resources, is a record 4,562 Tcfd. The AGA report added, “With more than 2.8 million miles of existing pipeline networks and extensive storage systems, the U.S. natural gas industry is strategically placed to serve as the backbone of a scalable energy system that can reliably meet expanding energy demands.”
Dr. Eric Roberts, professor of geology and geologic engineering at Colorado School of Mines in Golden, is director of the AGA potential gas committee.
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