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Published on Oct 4, 2011
According to the US Energy Information Administration's Annual Energy Outlook 2011, the United States possesses 2.5 trillion cubic feet (Tcf) of potential natural gas resources. Natural gas from shale resources, considered uneconomical just a few years ago, accounts for 862 Tcf of this resource estimate, more than double the estimate EIA published last year. At the 2010 rate of U.S. consumption (about 24.1 Bcf per year), 2.5 Tcf of natural gas is enough to supply over 100 years of use.
Is natural gas the silver bullet for meeting future US and regional energy demand for electricity and vehicle fuels? What is the impact of the increasing supply of natural gas prices on other energy resources, e.g., coal, nuclear, solar and wind? Does it stand to reason that US natural gas production should be used solely for domestic purposes? These and other questions will be considered at the September 28th Georgia Tech Clean Energy Speakers Series.