How Domestic Natural Gas Production Bolsters U.S. Economy

October 2016, Vol. 243, No. 10

By Steve Vitale, President, Midwest Industrial Supply, Canton, OH.

After a period of massive growth, domestic natural gas production has become a true pillar of the U.S. economy. Over the past five years, gas production in the country has experienced a major surge. Due to greater access to shale gas sources and other technological improvements to the extraction process, domestic natural gas production rose from 22,381,873  MMcf in 2010 to 28,814,300 MMcf in 2015 – a 28.7% increase. During that time, demand for natural gas rose as well, as energy producers and consumers alike took advantage of the low prices that accompanied the increase…

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