By The Numbers: “North America Leads the World in Production of Shale Gas”

Safely produced American shale outperformed projections yet again this week. The clean-burning, domestic natural resource is not only lowering consumers’ bills and creating new long-term jobs and manufacturing opportunities here at home – it is also repositioning global order and strengthening our nation’s energy security. And while the U.S. increases the tightly regulated production of natural gas, CO2 emissions are being driven down to historic lows.

Here are the numbers behind natural gas – which the Environmental Defense fund lauded as “the most positive development for American manufacturing since World War II.”

#1

North America leads the world in production of shale gas. (Energy Information Administration, 10/23/13)

33%

Public Service Electric & Gas Co. this week announced it is giving residential gas customers a credit that will cut the typical monthly bill by about 33 percent. (IHS The Energy Daily, 10/25/13)

 12 Billion

Natural gas production from the Marcellus Shale region is growing faster than expected… Marcellus production has now reached 12 billion cubic feet a day, the Energy Information Administration’s recent report found. That’s the energy equivalent of about 2 million barrels of oil a day, and more than six times the 2009 production rate. (Associated Press, 10/22/13)

$1.79

According to reports from the Energy Information Administration, shale gas accounted for close to 40 percent of all natural gas produced last year in the U.S., beating out both Canada and China. (WDTV, 10/25/13)

1994

Carbon emissions are now at their lowest levels since 1994. (Washington Free Beacon, 10/24/13)

10%

 

Competitive Power Ventures broke ground today on an $845 million, natural gas-fueled power plant in Woodbridge, NJ, a project touted for its promise to reduce the state’s reliance on imported energy… it will give residents and businesses “more available lower-cost energy that is not imported from some place else across the country, where we are subject to the vagaries of what they want to do when demand goes up,” [Gov. Chris] Christie said. (NJBIZ, 10/23/13)

20%

An upswing in drilling activity in the Marcellus Shale gas field was reflected in a 20-percent jump in statewide oil and gas industry employment last year, a report from the Workforce West Virginia Investment Council shows. (Charleston Gazette, 10/23/13)

3.8%

Data released this week by the Energy Information Administration indicates that carbon-related emissions dropped by 3.8 percent from 2011 to 2012 – to their lowest levels since 1994. …Domestic gas production is helping create a stronger American economy. It’s helping us improve the environment. It’s helping America remain competitive. (Rep. Glenn Thompson’s Prepared Remarks, 10/23/13)

33.7 Billion

 The Energy Information Administration said Tuesday the six shale reserve areas produced 33.7 billion cubic feet of natural gas per day. … “These six regions accounted for nearly 90 percent of domestic oil production growth and virtually all domestic natural gas production growth during 2011-12. (UPI, 10/23/13)

100 Years 

The United States has nearly a 100-year supply of natural gas and this year will surpass Russia and Saudi Arabia as the largest producer of natural gas and petroleum in the world. …The price of U.S. natural gas has fallen over the last few years, making it competitive in the global market place. This presents an opportunity to export U.S. natural gas, bolster our strategic alliances, reduce our trade deficit and create jobs right here at home. (The Hill op-ed, 10/22/13)

500%

Even without contributions from New York state, gas production in the northeast of the U.S. has climbed more than 500 percent since 2005 as hydraulic fracturing grows in the Marcellus. (Financial Times, 10/21/13)

44%

U.S. natural gas production will increase 44% between 2011 and 2040…almost all this growth will be due to shale gas. (USA Today, 10/23/13)