44 Percent Rise in U.S. Natural Gas Projected

by Arkansas Business Staff  on Monday, Jul. 15, 2013 12:00 am  

(Photo by U.S. Energy Information Administration. Annual Energy Outlook 2013)

The federal government predicts a 44 percent increase in natural gas production from 2011 through 2040. The projections come from the “Annual Energy Outlook 2013” produced by the U.S. Energy Information Administration and released in April.

The rise in production will result primarily from shale gas production, which the EIA projects to grow by 113 percent from 2011 through 2040. Shale gas as a share of total natural gas production will rise from 34 percent in 2011 to 50 percent in 2040, the EIA says.

The production from tight gas — gas found in tight formation underground or in non-porous rock — and coalbed methane also is predicted to rise, though their shares of total production will slip, the agency predicts.

 

 

Please read our comments policy before commenting.
Search

Latest Arkansas Business Poll

Do you approve of the president taking executive action on immigration?