Natural gas from U.S. shale could double

Published: Nov. 21, 2008 at 1:11 PM

WASHINGTON, Nov. 21 (UPI) -- An energy association said Friday that production of natural gas from shale deposits in the United States could be doubled over the next decade.

The Natural Gas Supply Association said its calculations indicated that 25 percent of U.S. natural gas demand could be satisfied by the exploiting shale beds located in Appalachia, the Barnett Permian Basin of Texas and other areas of the nation.

Shale gas is locked in the dense shale rock and is released through a process known as hydraulic fracturing in which water and sand are pumped into a well and build up enough pressure to fracture the rock.

"What we've seen so far from shale fields is just the tip of the iceberg," Terry Ruder, vice chairman of the Natural Gas Supply Association, said in a written statement.

Ruder said shale accounted for 6-8 billion cubic feet per day of natural gas this year, about 10-12 percent of U.S. gas demand. He estimated that production could reach 20 Bcfd over the next 10 years.

The promise of shale gas will require some help from the federal government, however.

"To facilitate a steady supply growth of natural gas from shale, we need a stable tax and regulatory environment," Ruder said.

© 2008 United Press International, Inc. All Rights Reserved.
Order reprints



Additional News Stories
What makes holidays special can kill pets (45 min)
NHL: Chicago 7, San Jose 2 (51 min)
NBA: Portland 93, New Jersey 83
NBA: Sacramento 111, New York 97
COL BKB: Kentucky 73, Stanford 65 (OT)
NHL: Anaheim 3, Carolina 2
NHL: Los Angeles 3, Edmonton 1
fark
Thirty-two percent of American men are obviously watching Alton Brown more than the Dallas Cowboys...
Old and Busted: Crashing a wedding reception. New Hotness: Crashing Obama's first State Dinner
Truthers won't be getting much sleep this week after Wikileaks posts 573,000 pager messages from...
Photoshop this Unisphere
Coño man, it has been 10 years since Elián touch our hearts, Ft Lauderdale
Theme of Farktography Contest No. 238: "Hello Old Friend. It's Nice to Meet You.". Details and rules...