U.S. Natural Gas Production and Cost Constraints?

Do arbitrary legislative and regulatory constraints in the name of the “environment” unnecessarily limit access to low-cost natural gas resources – at great cost for business and home heating bills, for fertilizers and industrial use, including hydrogen production?  Is there a possibility of greatly increasing the current 2 billion cubic feet per day of gas from shales: 730 bcf out of 23,000 bcf of US annual consumption?

EnergyBizInsider: Natural Gas Loses Stride
September 28, 2007

“The natural gas sector has lost its stride. A decade and a half ago, the industry was hot. Now, its product is considered expensive and untenable. The fix is easy, say producers. They want more access to deep waters offshore and in the Rocky Mountains.”

Leave a Reply