100+ datasets found
  1. Proved natural gas reserves in the U.S. 1960-2023

    • statista.com
    Updated Jul 3, 2025
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    Statista (2025). Proved natural gas reserves in the U.S. 1960-2023 [Dataset]. https://www.statista.com/statistics/265316/proved-natural-gas-reserves-in-the-us/
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    Dataset updated
    Jul 3, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The United States reported some **** trillion cubic meters in natural gas reserves in 2023. This was an increase of **** percent compared to the previous year. Increasing amounts of proved natural gas reserves in the United States correspond with a global trend as production techniques develop and further appraisals and discoveries are made. The U.S. natural gas industry expands As oil prices rose after the 2008 Recession, natural gas consumption increased as markets turned to a more affordable source of fuel. Low-interest rates and a temporarily destabilized oil market gave investors greater incentive to develop unconventional methods of gas extraction, such as horizontal drilling and hydraulic fracturing. These developments made it more cost-effective to extract from natural gas reserves deep underground that were previously hard to reach. The rise of shale gas Implementation of hydraulic fracturing, also called “fracking,” has led to an unprecedented increase in the production of shale gas in the United States. Heightened interest in natural gas and expanded extraction capabilities have contributed to greater exploration of previously unattainable source rocks in the United States and abroad.

  2. Global natural gas proved reserves 1960-2024

    • statista.com
    Updated Sep 5, 2025
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    Statista (2025). Global natural gas proved reserves 1960-2024 [Dataset]. https://www.statista.com/statistics/281873/worldwide-reserves-of-natural-gas/
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    Dataset updated
    Sep 5, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    Global proved natural gas reserves amounted to some *** trillion standard cubic meters in 2024. Since 1960, continued growth in the exploration & production industry has resulted in the combined volume of known reserves increasing more than *******, surpassing *** trillion cubic meters in 2011. Natural gas reserves by region and country Proved reserves indicate the amount of a resource that can be produced economically under current prices and available technologies. Reserves can change annually with new discoveries and thorough appraisal of existing fields. The majority of the world’s natural gas reserves are located in the Middle East. Russia is the country with the largest share of global natural gas reserves. Natural gas production in the U.S. The United States has experienced a relatively large surge in proved natural gas reserves, reaching record numbers from the 2010s onward. Most of these new reserves have been found in shale deposits in Pennsylvania, Western Virginia, and Texas. The U.S. has also increased production output due to increased use of hydraulic fracturing (“fracking”) and horizontal drilling. U.S. shale gas production is forecast to grow even further in the coming decades and reach nearly ** trillion cubic feet by 2050.

  3. U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Reserves

    • catalog.data.gov
    Updated Jul 6, 2021
    + more versions
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    U.S. Energy Information Administration (2021). U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Reserves [Dataset]. https://catalog.data.gov/dataset/u-s-crude-oil-natural-gas-and-natural-gas-liquids-reserves
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    Dataset updated
    Jul 6, 2021
    Dataset provided by
    Energy Information Administrationhttp://www.eia.gov/
    Description

    Annual data on proved reserves of crude oil, natural gas, and natural gas liquids in the U.S. Based on EIA Form-23L data. Proved reserves are estimated volumes of hydrocarbon resources that analysis of geologic and engineering data demonstrates with reasonable certainty are recoverable under existing economic and operating conditions. Reserves estimates change from year to year as new discoveries are made, existing fields are more thoroughly appraised, existing reserves are produced, and prices and technologies change.

  4. Forecast: Natural Gas Proved Reserves in the US 2022 - 2026

    • reportlinker.com
    Updated Apr 4, 2024
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    ReportLinker (2024). Forecast: Natural Gas Proved Reserves in the US 2022 - 2026 [Dataset]. https://www.reportlinker.com/dataset/a082c116fdde391d0cfa97180892e55269f8d817
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    Dataset updated
    Apr 4, 2024
    Dataset authored and provided by
    ReportLinker
    License

    Attribution-NonCommercial 4.0 (CC BY-NC 4.0)https://creativecommons.org/licenses/by-nc/4.0/
    License information was derived automatically

    Area covered
    United States
    Description

    Forecast: Natural Gas Proved Reserves in the US 2022 - 2026 Discover more data with ReportLinker!

  5. Natural gas production in the U.S. 1998-2024

    • statista.com
    Updated Jul 8, 2025
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    Statista (2025). Natural gas production in the U.S. 1998-2024 [Dataset]. https://www.statista.com/statistics/265331/natural-gas-production-in-the-us/
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    Dataset updated
    Jul 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    Production of natural gas in the United States has been increasing for the past decade and peaked at nearly 1033 billion cubic meters in 2023 and 2024. An increase in production corresponded with rising demand for natural gas in the United States, particularly after the 2008 Recession.    Natural gas becomes competitive Since the early 2000s, the price of coal had been going up, and increased more rapidly following the 2008 Recession, which affected the cost of crude oil to an even greater degree. When the price of crude oil peaked shortly after the financial crisis, consumption of petroleum decreased in the next year. Simultaneously, the cost of natural gas dramatically decreased, making it a stronger competitor with coal and petroleum. The rise of fracking Low-interest rates during the Recession led to new investments in new techniques to obtain natural gas, such as horizontal drilling and hydraulic fracturing, that may be controversial due to health and environmental impacts. Often obtained through fracking, shale gas has become a common form of natural gas, and shale gas production in the United States has increased dramatically since the financial crisis.

  6. T

    United States Natural Gas Stocks Change

    • tradingeconomics.com
    • ru.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Sep 18, 2025
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    TRADING ECONOMICS (2025). United States Natural Gas Stocks Change [Dataset]. https://tradingeconomics.com/united-states/natural-gas-stocks-change
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    excel, json, xml, csvAvailable download formats
    Dataset updated
    Sep 18, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 7, 1994 - Sep 12, 2025
    Area covered
    United States
    Description

    Working gas held in storage facilities in the United States increased by 90 billion cubic feet in the week ending September 12 of 2025 . This dataset provides the latest reported value for - United States Natural Gas Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  7. y

    US Natural Gas Production

    • ycharts.com
    html
    Updated Jul 14, 2025
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    Energy Institute (2025). US Natural Gas Production [Dataset]. https://ycharts.com/indicators/us_natural_gas_production
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    htmlAvailable download formats
    Dataset updated
    Jul 14, 2025
    Dataset provided by
    YCharts
    Authors
    Energy Institute
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Dec 31, 1970 - Dec 31, 2024
    Area covered
    United States
    Variables measured
    US Natural Gas Production
    Description

    View yearly updates and historical trends for US Natural Gas Production. from United States. Source: Energy Institute. Track economic data with YCharts an…

  8. w

    U.S. Crude Oil and Natural Gas Proved Reserves

    • data.wu.ac.at
    • data.amerigeoss.org
    html
    Updated Mar 23, 2015
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    (2015). U.S. Crude Oil and Natural Gas Proved Reserves [Dataset]. https://data.wu.ac.at/schema/edx_netl_doe_gov/MDRiMzhlZDAtN2Q3NC00NmQ4LTk5NDEtNGE0YWMwYTNlMjc2
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    htmlAvailable download formats
    Dataset updated
    Mar 23, 2015
    Area covered
    edc1da4cb1fdced7be4ed50ec18bf439e302f61e, United States
    Description

    Site includes data and information on remaining oil and gas reserves in the U.S., includes downloadable graphs, PDFs, and Excel charts.

    Summary: In 2011, oil and gas exploration and production companies operating in the United States added almost 3.8 billion barrels of crude oil and lease condensate proved reserves, an increase of 15 percent, and the greatest volume increase since the U.S. Energy Information Administration (EIA) began publishing proved reserves estimates in 1977 (Table 1). Proved reserves of crude oil and lease condensate increased by 2.9 billion barrels in 2010, the previous record. Proved reserves of U.S. wet natural gas1 rose by 31.2 trillion cubic feet in 2011 to a new record high of 348.8 trillion cubic feet. Though this increase was lower than the 33.8 trillion cubic feet (Tcf) added in 2010, it was only the second year since 1977 that natural gas net reserves additions surpassed 30 Tcf.

  9. U

    United States Natural Gas: Proved Reserves: Alabama

    • ceicdata.com
    Updated Mar 7, 2024
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    CEICdata.com (2024). United States Natural Gas: Proved Reserves: Alabama [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-proved-reserves/natural-gas-proved-reserves-alabama
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    Dataset updated
    Mar 7, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2010 - Dec 1, 2021
    Area covered
    United States
    Description

    United States Natural Gas: Proved Reserves: Alabama data was reported at 1,333.000 Cub ft bn in 2021. This records a decrease from the previous number of 1,530.000 Cub ft bn for 2020. United States Natural Gas: Proved Reserves: Alabama data is updated yearly, averaging 3,922.000 Cub ft bn from Dec 1979 (Median) to 2021, with 35 observations. The data reached an all-time high of 5,870.000 Cub ft bn in 1992 and a record low of 682.000 Cub ft bn in 1980. United States Natural Gas: Proved Reserves: Alabama data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB036: Natural Gas Proved Reserves.

  10. U.S. monthly natural gas production 2024-2025, by basin

    • statista.com
    Updated Aug 6, 2025
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    Statista (2025). U.S. monthly natural gas production 2024-2025, by basin [Dataset]. https://www.statista.com/statistics/1135882/us-natural-gas-production-by-region-monthly/
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    Dataset updated
    Aug 6, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 2024 - Jun 2025
    Area covered
    United States
    Description

    The Appalachia basin is by far the most productive natural gas basin in the United States. Monthly gas production in the Appalachia region amounted to some 36.28 billion cubic feet per day in June 2025. It is forecast that this figure will increase to 36.74 million cubic feet by December 2025. The Appalachia basin is situated across the states of New York, Pennsylvania, West Virginia, Virginia, Maryland, Ohio, Kentucky, Tennessee, Alabama and Georgia. The Permian basin is the second most productive natural gas basin, with production at 27.33 million cubic feet per day in June 2025.

  11. F

    Natural Gas Consumption

    • fred.stlouisfed.org
    json
    Updated Sep 10, 2025
    + more versions
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    (2025). Natural Gas Consumption [Dataset]. https://fred.stlouisfed.org/series/NATURALGAS
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    jsonAvailable download formats
    Dataset updated
    Sep 10, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Natural Gas Consumption (NATURALGAS) from Jan 2000 to Jul 2025 about gas, consumption, and USA.

  12. U

    Aggregated Oil and Natural Gas Drilling and Production History of the United...

    • data.usgs.gov
    • catalog.data.gov
    Updated Apr 15, 2023
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    Christopher Skinner; Robert Miller; Scott Kinney; Nicholas Gianoutsos; Gregory Gunther; Chilisa Shorten (2023). Aggregated Oil and Natural Gas Drilling and Production History of the United States (ver. 1.1, April 2023) [Dataset]. http://doi.org/10.5066/P9UIR5HE
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    Dataset updated
    Apr 15, 2023
    Dataset provided by
    United States Geological Surveyhttp://www.usgs.gov/
    Authors
    Christopher Skinner; Robert Miller; Scott Kinney; Nicholas Gianoutsos; Gregory Gunther; Chilisa Shorten
    License

    U.S. Government Workshttps://www.usa.gov/government-works
    License information was derived automatically

    Time period covered
    Jan 1, 1817 - Sep 1, 2022
    Area covered
    United States
    Description

    This data release contains several datasets that provide an overview of oil and gas well history and production of the United States, from 1817 to September 1, 2022. Well history data is aggregated into 1-mile and 10-mile squares indicating the total number of wells and counts of wells classified as oil, gas, dry, injection, hydraulically fractured, and/or horizontal wells. Well history is also separated into layers binned on 1-year increments from a well's spud date (date drilling commenced). Production data is aggregated in 2-mile and 10-mile squares that sum the total production of oil, gas, and water volumes. Production data is also separated into layers binned on 1-year increments to reflect the year of production. These aggregations are compiled from data from IHS Markit, which is a proprietary, commercial database. No proprietary data is contained in this release. This data release was updated May 2023 to reflect an offset of 1 year on the original release.

  13. County-level Oil and Gas Production in the U.S.

    • catalog.data.gov
    • s.cnmilf.com
    • +3more
    Updated Apr 21, 2025
    + more versions
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    Economic Research Service, Department of Agriculture (2025). County-level Oil and Gas Production in the U.S. [Dataset]. https://catalog.data.gov/dataset/county-level-oil-and-gas-production-in-the-u-s
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    Dataset updated
    Apr 21, 2025
    Dataset provided by
    Economic Research Servicehttp://www.ers.usda.gov/
    Area covered
    United States
    Description

    County-level data from oil and/or natural gas producing States—for onshore production in the lower 48 States only—are compiled on a State-by-State basis. Most States have production statistics available by county, field, or well, and these data were compiled at the county level to create a database of county-level production, annually for 2000 through 2011. Raw data for natural gas is for gross withdrawals, and oil data almost always include natural gas liquids. Note that State-provided natural gas withdrawals were not available for Illinois or Indiana; those estimates were produced using geocoded wells and State total production reported by the U.S. Department of Energy’s Energy Information Agency. In the data file, counties with increases or decreases in excess of $20 million in oil and/or natural gas production during 2000-11 are also identified. See the Documentation for more details. Currently, an ERS update to this data product is not planned.

  14. U

    US Natural Gas Market Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Jul 19, 2025
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    Data Insights Market (2025). US Natural Gas Market Report [Dataset]. https://www.datainsightsmarket.com/reports/us-natural-gas-market-3382
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    doc, ppt, pdfAvailable download formats
    Dataset updated
    Jul 19, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global, United States
    Variables measured
    Market Size
    Description

    The size of the US Natural Gas Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.00">> 5.00% during the forecast period. The natural gas market in the United States is a crucial component of the nation's energy landscape, involving the production, transportation, and utilization of natural gas, which is essential for electricity generation, heating, and various industrial applications. This market is notably influenced by the significant development of domestic shale gas resources, particularly from regions such as the Marcellus and Permian basins, which have greatly increased production levels in the U.S. As a result, the country has emerged as one of the foremost producers and exporters of natural gas globally. The market is supported by a comprehensive infrastructure, featuring an extensive network of pipelines, storage facilities, and liquefied natural gas (LNG) export terminals that enable effective distribution and international trade. The growth of natural gas usage has been propelled by its comparatively lower carbon emissions relative to coal and oil, aligning with environmental standards and sustainability objectives. Nevertheless, the market encounters challenges, including price fluctuations, changes in regulations, and environmental issues associated with hydraulic fracturing and methane emissions. In spite of these obstacles, the U.S. natural gas market continues to thrive, with ongoing investments in infrastructure and technology focused on improving efficiency and minimizing environmental effects. Ultimately, this market is vital to the nation's energy framework, enhancing energy security and fostering economic development. Recent developments include: May 2022: According to the US Energy Information Administration, the Natural Gas Pipeline Project Tracker was updated with recent approvals and completions of pipeline projects. As of the end of the first quarter of 2022, the Federal Energy Regulatory Commission (FERC) approved three projects to increase the export of US natural gas by pipeline and LNG. FERC approved two projects connecting LNG terminals in Louisiana. The Evangeline Pass Expansion Project, owned by Tennessee Gas Pipeline Company, is 1.1 billion cubic feet in size. It is intended that the proposed Plaquemines LNG Project in Plaquemines Parish, Louisiana, be supplied with natural gas by constructing 13.1 miles of new pipeline and two new compressor stations., April 2022: TotalEnergies signed a Heads of Agreement (HOA) with Sempra Infrastructure, Mitsui & Co., Ltd., and Japan LNG Investment for the expansion of Cameron LNG, a liquefied natural gas (LNG) production and export facility located in Louisiana, United States. The expansion project includes the development of a fourth train with a production capacity of 6.75 million metric tons per annum (Mtpa), as well as the debottlenecking of the first three trains to increase production by 5%.. Key drivers for this market are: Increasing Global Demand for Refined Petroleum Products4., Economic Growth and Industrialization. Potential restraints include: Environmental Concerns and Regulations. Notable trends are: Power Generation Segment to Dominate the Market.

  15. Natural Gas Data and Statistics

    • catalog.data.gov
    Updated Jul 6, 2021
    + more versions
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    U.S. Energy Information Administration (2021). Natural Gas Data and Statistics [Dataset]. https://catalog.data.gov/dataset/natural-gas-data-and-statistics
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    Dataset updated
    Jul 6, 2021
    Dataset provided by
    Energy Information Administrationhttp://www.eia.gov/
    Description

    Data and statistics on natural gas prices, exploration and reserves, production, imports and exports, storage, pipelines, and consumption. Data released on a weekly, monthly and annual basis. International data on natural gas production, consumption, imports and exports, CO2 emissions, and reserves.

  16. y

    US Natural Gas Production (Dry)

    • ycharts.com
    html
    Updated Aug 29, 2025
    + more versions
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    Energy Information Administration (2025). US Natural Gas Production (Dry) [Dataset]. https://ycharts.com/indicators/us_natural_gas_production_dry_mer_cubic_feet
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    htmlAvailable download formats
    Dataset updated
    Aug 29, 2025
    Dataset provided by
    YCharts
    Authors
    Energy Information Administration
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Jan 31, 1973 - Jun 30, 2025
    Area covered
    United States
    Variables measured
    US Natural Gas Production (Dry)
    Description

    View monthly updates and historical trends for US Natural Gas Production (Dry). from United States. Source: Energy Information Administration. Track econo…

  17. k

    Natural Gas Proved Reserves

    • datasource.kapsarc.org
    Updated Jul 29, 2022
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    (2022). Natural Gas Proved Reserves [Dataset]. https://datasource.kapsarc.org/explore/dataset/natural-gas-proved-reserves-history-1980-2015/
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    Dataset updated
    Jul 29, 2022
    Description

    This dataset contains information about world's natural gas reserves from 1980. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research. Notes:^ Less than 0.05.

    w Less than 0.05%.

    n/a not available.Total proved reserves of natural gas - Generally taken to be those quantities that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operating conditions. The data series for natural gas does not necessarily meet the definitions, guidelines and practices used for determining proved reserves at company level, for instance as published by the US Securities and Exchange Commission, nor does it necessarily represent BP’s view of proved reserves by country.

    Reserves-to-production (R/P) ratio - If the reserves remaining at the end of any year are divided by the production in that year, the result is the length of time that those remaining reserves would last if production were to continue at that rate.

    Source of data - The estimates in this table have been compiled using a combination of primary official sources and third-party data from Cedigaz and the OPEC Secretariat.

    Annual changes and share of total are calculated.

  18. G

    International natural gas production and proved reserves

    • open.canada.ca
    • data.wu.ac.at
    csv, html, xml
    Updated Jan 17, 2023
    + more versions
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    Statistics Canada (2023). International natural gas production and proved reserves [Dataset]. https://open.canada.ca/data/en/dataset/b2ff10e3-3292-4da6-a6eb-5281af56c801
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    csv, html, xmlAvailable download formats
    Dataset updated
    Jan 17, 2023
    Dataset provided by
    Statistics Canada
    License

    Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
    License information was derived automatically

    Description

    This table contains 175 series, with data for years 1966 - 2002 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (125 items: Total; Total Americas; North America; United States; ...);  Estimates (2 items: Natural gas production; Natural gas proved reserves).

  19. U

    United States Natural Gas: Proved Reserves: Federal Offshore

    • ceicdata.com
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    CEICdata.com, United States Natural Gas: Proved Reserves: Federal Offshore [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-proved-reserves/natural-gas-proved-reserves-federal-offshore
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2010 - Dec 1, 2021
    Area covered
    United States
    Description

    United States Natural Gas: Proved Reserves: Federal Offshore data was reported at 4,946.000 Cub ft bn in 2021. This records an increase from the previous number of 4,654.000 Cub ft bn for 2020. United States Natural Gas: Proved Reserves: Federal Offshore data is updated yearly, averaging 17,001.000 Cub ft bn from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 31,849.000 Cub ft bn in 1990 and a record low of 4,654.000 Cub ft bn in 2020. United States Natural Gas: Proved Reserves: Federal Offshore data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB036: Natural Gas Proved Reserves.

  20. U

    United States Natural Gas: Proved Reserves: Colorado

    • ceicdata.com
    Updated May 11, 2024
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    CEICdata.com (2024). United States Natural Gas: Proved Reserves: Colorado [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-proved-reserves
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    Dataset updated
    May 11, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2010 - Dec 1, 2021
    Area covered
    United States
    Description

    Natural Gas: Proved Reserves: Colorado data was reported at 22,071.000 Cub ft bn in 2021. This records an increase from the previous number of 20,412.000 Cub ft bn for 2020. Natural Gas: Proved Reserves: Colorado data is updated yearly, averaging 10,837.000 Cub ft bn from Dec 1979 (Median) to 2021, with 43 observations. The data reached an all-time high of 28,727.000 Cub ft bn in 2017 and a record low of 2,838.000 Cub ft bn in 1979. Natural Gas: Proved Reserves: Colorado data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB036: Natural Gas Proved Reserves.

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Statista (2025). Proved natural gas reserves in the U.S. 1960-2023 [Dataset]. https://www.statista.com/statistics/265316/proved-natural-gas-reserves-in-the-us/
Organization logo

Proved natural gas reserves in the U.S. 1960-2023

Explore at:
Dataset updated
Jul 3, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

The United States reported some **** trillion cubic meters in natural gas reserves in 2023. This was an increase of **** percent compared to the previous year. Increasing amounts of proved natural gas reserves in the United States correspond with a global trend as production techniques develop and further appraisals and discoveries are made. The U.S. natural gas industry expands As oil prices rose after the 2008 Recession, natural gas consumption increased as markets turned to a more affordable source of fuel. Low-interest rates and a temporarily destabilized oil market gave investors greater incentive to develop unconventional methods of gas extraction, such as horizontal drilling and hydraulic fracturing. These developments made it more cost-effective to extract from natural gas reserves deep underground that were previously hard to reach. The rise of shale gas Implementation of hydraulic fracturing, also called “fracking,” has led to an unprecedented increase in the production of shale gas in the United States. Heightened interest in natural gas and expanded extraction capabilities have contributed to greater exploration of previously unattainable source rocks in the United States and abroad.

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