U.S. Nat Gas: The Technology-Driven Energy Boom

Notable Quotes

"EXXI has a very good mix of high-impact exploration and lower-risk development." (1/31/12) Energy XXI - The Energy Report Interview with Bill Powers More >

"NPK appears to be the lowest-cost potash producer in Brazil." (1/31/12) Verde Potash - Jaret Anderson, Mackie Research More >

"TPL's new oil storage and rail loading facility will initially double production." (1/30/12) Tethys Petroleum Ltd. - Deborah Sterescu, Proactive Investors More >

"CPT continues to derisk Vista." (1/30/12) Coalspur Mines Ltd. - David Charles, GMP Securities More >

"TLH is performing a very aggressive expansion plan." (1/26/12) Talison Lithium Ltd. - The Energy Report Interview with Daniela Desormeaux More >

"LI has really good prospects for the future." (1/26/12) Lithium One Inc. - The Energy Report Interview with Daniela Desormeaux More >

"I think that RM can be a player in the lithium industry." (1/26/12) Rodinia Lithium Inc. - The Energy Report Interview with Daniela Desormeaux More >

"NMX has one of the highest project rankings by our methodology." (1/26/12) Nemaska Lithium Inc. - The Energy Report Interview with Daniela Desormeaux More >

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U.S. Nat Gas: The Technology-Driven Energy Boom

Source: Seeking Alpha, Mark Perry��(3/3/10)

"[Nat gas] production hit a new record level in 2009."

The Energy Information Administration released final data Tuesday for 2009 domestic natural gas production (data here), and the graph above shows that production hit a new record level in 2009, breaking the previous record set in 2008. The 2.2% increase in 2009 follows increases of 4.4% in 2008, 4.8% in 2007 and 0.33% in 2006, bringing last year's production to a level 12.2% above the output in 2006.

This surge in domestic natural gas production over the last three years has enabled the United States to overtake Russia as the world's No. 1 producer of natural gas, and is all due to advanced drilling methods now being used to drill for gas through a type of rock known as shale. Read more here.

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