Natural Gas is Abundant!

Rig at Sunset #2

Events over the past few years have dramatically changed the prospects for the natural gas economy. New technological advances have allowed greatly expanded supplies to become available, and the prospects of the lifecycle of natural gas in the market has gone from a few years to generations.

The oil and gas industry has been successful in finding new natural gas resources – supply far exceeds government forecasts – and storage levels assure reasonable prices for the foreseeable future.

North America has a 100-200 year supply of natural gas! This statement contradicts the notion that America’s supply is running out. Worldwide, natural gas reserves are now greater than petroleum.

Due to its abundance, domestic natural gas will play a major role in meeting our 21st Century energy needs.