Marcellus Shale

Overview of Shale Gas Production

Natural gas is undoubtedly the superstar of U.S. domestic hydrocarbon resources.  First, it is relatively abundant with proven reserves in excess of 318 trillion cubic feet.  Second, it is the cleanest burning fossil fuel used in electric generation with carbon emissions about half that of coal.  Finally, residential customers can directly use natural gas for […]

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Natural Gas

Factors Affecting Natural Gas Prices

As a commodity, natural gas prices are affected by supply and demand factors. Supply-side factors include production volume, storage volume, and import-export volume. Demand-side factors include economic growth, fluctuations in weather, and the prices of alternative fuels such as oil and coal. Natural Gas Supply Unlike electricity, natural gas can be stored. Underground storage facilities […]

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