Natural Gas in the U.S. Economy: Opportunities for Growth

RFF Library Blog

Congressional Research Service
http://www.fas.org/sgp/crs/misc/R42814.pdf

Due to the growth in natural gas production, primarily from shale gas, the United States is benefiting from some of the lowest prices for natural gas in the world and faces the question of how to best use this resource. Different segments of the U.S. economy have different perspectives on the role natural gas can play. Suppliers, which have become the victims of their own production success, are facing low prices that are forecast to remain low. Some companies that have traditionally produced only natural gas have even turned their attention to oil in order to improve their financial situation. Smaller companies are having a difficult time continuing operations…

Industries that consume natural gas have seen input costs drop, and some have heralded low natural gas prices as the impetus for a manufacturing revolution in the United States. Some companies have begun to make major investments to take advantage of the low natural gas prices, particularly…

View original post 132 more words

Advertisements

About macnmat

Foundation Engineers. Foundation & Piling Equipment & Tools. Utility.
This entry was posted in macnmat. Bookmark the permalink.