How do you stay updated about recent natural gas news The news that United States is quite rich in reserves has, as if helped the country won a lottery. While finding natural gas is not an easy task, the country has taken adequate measures to boost its production. According to news available from varied sources, the U.S. has an approximate 2,214 trillion cubic feet of technically recoverable. This is more than enough to satisfy all their demands for the next century if the consumption level remains the same, as it is now.
Domestic has now become a cheaper fuel in comparison to coal, when it comes to electricity generation. A study shows that the recent abundance of and its low prices will gradually help in replacing the nation’s age old coal-fired generation fleet. Thus the country benefits from cleaner, cheaper, and more efficient energy sources. The entire credit goes to comparatively inexpensive extraction process, helped by technological advances like hydraulic fracturing and horizontal drilling.
The most important thing to be kept in mind is that wise use of combined with policies to support continued growth in renewable energy sector can serve as the perfect catalyst. This will surely quicken the transition to a sustainable energy system. producers need to play a responsible role in this regard too. They should be very aware of the adverse effects of extraction processes, on the environment.
The natural gas production sector shouldn’t overlook the impending threat looming large on the environment in case something goes wrong with the extraction process. There remains potential risk to contaminate sources of ground and drinking water, induce seismic events, and harm local air quality too. In recent years, conflicts have often resulted between the industry and communities that bear the burden of gas development. If proper care is not taken, then voices of protest will likely increase in number. As per natural gas news released by The Energy Information Administration, in order to bring most of the U.S. shale gas and shale oil resources into production, drilling of 630,000 new wells will be needed. This is in addition to approximately 487,627 natural gas wells which are already in their production stage.
By adopting eco-friendly drilling techniques, the environmental concern can be effectively addressed. After lots of research work, a particular Texas based company has come up with safe additives which can be combined with water and sand as the frack fluid. The research shows that this fluid doesn’t contaminate ground water reserve in any way. Being highly committed to providing safe and reliable energy, the company has taken help of several advanced technologies. Besides, it has appointed skilled and knowledgeable technicians and engineers who are well conversant about these computerized techniques. A look at the company website offers you in-depth idea about how its adopted procedures have helped in successfully completing several projects. It also provides latest updated on news. The company further offers investment opportunities to those who want to reap benefits from the drilling sector.