Good Energy Policy Key to Energy, Economic Growth
Posted February 13, 2015
Shale Gas and Tight Oil are Commercially Produced in Just Four Countries
EIA Today in Energy: The United States, Canada, China, and Argentina are currently the only four countries in the world that are producing commercial volumes of either natural gas from shale formations (shale gas) or crude oil from tight formations (tight oil). The United States is by far the dominant producer of both shale gas and tight oil.
Canada is the only other country to produce both shale gas and tight oil. China produces some small volumes of shale gas, while Argentina produces some small volumes of tight oil. While hydraulic fracturing techniques have been used to produce natural gas and tight oil in Australia and Russia, the volumes produced did not come from low-permeability shale formations.
The four countries producing commercial volumes of shale gas and tight oil all increased output in 2014, and in all four countries, natural gas and crude oil production from shale and tight formations grew at a faster rate last year than production from non-shale and non-tight formations.
Read more: http://1.usa.gov/1E7xZJm
More industry news:
Gerard: Pro-Growth Policy One of Administration’s Best Chances to Achieve Obama’s Economic Goals: http://bit.ly/1MjhIH1
Study: Methane Emissions Low at Most Natural Gas Facilities: http://bit.ly/1E7pC0k
Guest Column: We Can Move Past Keystone XL by Building It: http://dailysign.al/1D4m0iC
Pennsylvania Legislators Say Severance Tax Would Impair Region’s Economic Growth: http://bit.ly/1A4nPIE
Opinion: Fossil Fuel Divestment a Bad Deal: http://bit.ly/1Mjko7s
About The Author
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.
- Natural Gas, Our Air and Our Modern Lifestyles
- Hoops - Higher, Faster, Better Thanks to Energy
- Shifting Into Drive, Powering Past Impossible
- ‘Power Past Impossible’ Hits New York’s Times Square
- Supporting the Greater Good in Our Communities
- Natural Gas, Oil and Animal Orthotics: Making the Impossible Possible