Competition success review price
About Shale Gas Revolution in USA can be seen
in CSR Magazine
Competition successreview price With the spectacular rise in its natural gas
production the US has reduced the country's reliance on imported liquefied
natural gas (LNG). Further, the US has overtaken Russia as the world's largest
natural gas producer.
Competition success review price It has contributed
to the growth of US economy by ensuring its energy security along with creation
of jobs and enhanced revenue growth.
Competition success review price According
to the US Energy Information Administration (EIA), the shale gas
is expected to provide for 46% of total gas production
in the US by 2030. .
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The US is likely to emerge as a key exporter of shale gas in
future. This success of shale gas in the US has in turn spurred other countries
to map their shale gas resources and put in appropriate policy
framework for its exploitation.
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In
a 2013 report, the US Energy Information Administration
estimated the quantity of technically recoverable shale
gas for 41 countries. North America leads the worldwide
production of shale gas,
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with the US and Canada having significant levels. Beyond the
US and Canada, shale gas is. so far produced on a commercial scale
only in Argentina and China.
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