June 2011 Vol. 238 No. 6

In The News

New Report Details Increases In Natural Gas Supply In U.S.

The Potential Gas Committee’s (PGC) 2010 biennial report: Potential Supply of Natural Gas in the United States finds nation possesses an undiscovered natural gas resource potential of 1,898 Tcf, the highest resource evaluation in the PGC’s 46 year history — exceeding by 61 Tcf the previous record-high assessment from year-end 2008. When the PGC’s results are combined with the Department of Energy’s latest available determination of proved dry-gas reserves, 273 Tcf as of year-end 2009, the U.S. has a total available future supply of 2,170 Tcf, an increase of 89 Tcf over the previous evaluation. The PGC’s year-end 2010 assessment of 1,898 Tcf in

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