Natural Gas: The Next Energy Game-Changer?
New gas technology such as hydraulic fracturing (fracking) and horizontal drilling have changed the complexion of natural gas in North America. Natural gas reserves in the United States have doubled since 2000, and as a result gas prices reached a low in April 2012 below $2 per mcf. This infographic explores natural gas, its properties, natural gas market dynamics, supply forecasts, demand, the shale revolution, and the switch from coal to natural gas. We also raise questions about methane leakage and hydraulic fracturing. The shale revolution has come as a surprise to many, but natural gas is now so plentiful and cheap that it could be an energy game changer.
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