One reason the left hate fracking.
America Is Flush with Shale Gas, Just in Time for Winter.
The United States has never entered a winter with more natural gas at the ready, according to the latest data from the Energy Information Administration (EIA). During the warmer months of the year, countries pump drilled natural gas into storage, anticipating a cyclical spike in demand when temperatures start falling. As we head into those colder months now, the amount of natural gas in storage here in the United States has just hit an all-time high, as the EIA reports. . . .
But while the exact rate at which households and businesses consume natural gas in the United States this winter remains to be seen, we do know that we’ve never been in a better position with respect to natural gas. This abundance isn’t just a boon to energy security, it also corresponds to cheaper prices, a development that is especially helpful for poorer families for whom their heating bills make up a larger slice of the monthly budget.
We’d be remiss to not give credit where credit is due for this unprecedented hoard of natural gas: Hydraulic fracturing and horizontal well-drilling of shale formations around the country are entirely responsible for this resurgence in oil and natural gas production over the past eight years.
America Is Flush with Shale Gas, Just in Time for Winter.
The United States has never entered a winter with more natural gas at the ready, according to the latest data from the Energy Information Administration (EIA). During the warmer months of the year, countries pump drilled natural gas into storage, anticipating a cyclical spike in demand when temperatures start falling. As we head into those colder months now, the amount of natural gas in storage here in the United States has just hit an all-time high, as the EIA reports. . . .
But while the exact rate at which households and businesses consume natural gas in the United States this winter remains to be seen, we do know that we’ve never been in a better position with respect to natural gas. This abundance isn’t just a boon to energy security, it also corresponds to cheaper prices, a development that is especially helpful for poorer families for whom their heating bills make up a larger slice of the monthly budget.
We’d be remiss to not give credit where credit is due for this unprecedented hoard of natural gas: Hydraulic fracturing and horizontal well-drilling of shale formations around the country are entirely responsible for this resurgence in oil and natural gas production over the past eight years.
