by Kathryn Z. Klaber President and Executive Director Marcellus Shale Coalition May 20, 2011
The natural gas in the Marcellus Shale represents one of the largest energy reserves in the world. This clean-burning resource provides a unique opportunity for the transportation sector to move toward a lower-cost, lower-emission and domestic energy resource to meet our transportation needs in an economically and environmentally responsible manner. The Marcellus Shale Coalition (MSC) […]
Shale Gas and New Petrochemicals Investment: Benefits for the Economy, Jobs, and US Manufacturing (ACC)
Chemistry transforms raw materials into the products and processes that make modern life possible. America’s chemical industry relies on energy derived from natural gas not only to heat and power our facilities, but also as a raw material, or “feedstock,” to develop the thousands of products that make American lives better, healthier, and safer. Access […]
Deep beneath the rolling hills and mountains of Appalachia from West Virginia in the south to upstate New York in the north lies a natural gas deposit known as the Marcellus Shale.
Fully developed, the Marcellus Shale has the potential to be the second largest natural gas field in the world, behind only the South Pars/Asalouyeh field shared between the nations of Iran and Qatar. Converted to British Thermal Units (BTUs), the natural gas found in the Marcellus could be equivalent to the energy content of 87 billion barrels of oil, enough to meet the demand of the entire world for nearly three years.
Natural Gas from the Marcellus Shale
Its Role in the Energy Supply and Energy Policy
The Marcellus Shale in the Appalachian area of the eastern United States is fast becoming the hottest natural gas drilling play in the nation. Indeed, some industry experts believe production in the Marcellus Shale could eventually outstrip that of the Barnett Shale in north central Texas, currently the largest producer of natural gas in the continental US.
Water is essential to energy resource development; conversely, energy resources are needed for developing, processing, and distributing water resources. As a result, water and energy are interdependent.
An Emerging Giant: Prospects and Economic Impacts of Developing the Marcellus Shale Natural Gas Play
Many Pennsylvanians are aware of the recent surge in natural gas leasing activity.
The vast majority of citizens, however, do not fully appreciate the scale of change such
development will unleash. This report educates the public on the current size, economic
impacts, and future prospects of the Marcellus shale gas industry in Pennsylvania.
Potential Gas Committee Reports Unprecedented Increase In Magnitude Of U.S. Natural Gas Resource Base
The Potential Gas Committee (PGC) today released the results of its latest biennial assessment of the nation’s natural gas resources, which indicates that the United States possesses a total resource base of 1,836 trillion cubic feet (Tcf). This is the highest resource evaluation in the Committee’s 44-year history.