Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
2/28/2013 12:30:00 PM Write a Letter to the Editor Write a letter to the Editor

Nat Gas Production Seen Robust Through 2040, Journal Reports

Natural-gas production in the United States will continue strong growth through 2040, the Wall Street Journal reported Thursday.

A study of a key natural-gas field in Texas, combined with other research, showed that U.S. shale-rock formations will provide a growing source of moderately priced natural gas, the Journal said in a front-page story.

Research showed evidence of large quantities of gas that can be drilled profitably at a market price of $4 per million British thermal units — a relatively small increase from the current price of about $3.43, the newspaper said.

The study, funded by the nonpartisan Alfred P. Sloan Foundation and performed by the University of Texas, examined 15,000 wells in northern Texas that were drilled mostly in the past decade, the Journal reported.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2013, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising

TFM

EMU
iTech
© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement