The Promise of the Gas Revolution

February 20th, 2012 • Filed Under
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Natural Gas is America’s Domestic clean foundation fuel for the present and our long-term future. Natural gas touches nearly every segment of American life.

It is the dominant source of energy for heat and hot water in residences and businesses across this country. It also cooks our food, dries our clothes, powers industry and generates electricity. The natural gas industry supports the employment of nearly 3 million Americans in all 50 states. There is a tremendous opportunity for consumers and our nation as a whole through greater use of natural gas.

All natural gas, including shale gas, can and should be produced in an environmentally responsible fashion. Our nation possesses a 100-year supply of natural gas.

In fact, the United States now has more natural gas than Saudi Arabia has oil, making us the largest producer of natural gas in the world. Advances in technology have led to the cost-effective development of natural gas from shale formations.

The result has been a dramatic increase in the amount of domestic natural gas available for the American energy market. Neither the political instability in the Middle East nor last year’s winter of sustained cold and record snowfall significantly affected natural gas prices in the United States, which remained relatively low and stable. We must put this abundant resource to good use. Read MORE …

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