“The United States possesses a total technically recoverable resource base of 2,515 trillion cubic feet (Tcf) of natural gas as of year-end 2014.”
This is the highest resource evaluation by the Potential Gas Committee in its 50-year history.
The reserves would last over 100 years if new uses weren’t added to current uses.
An earlier article published the results of my analysis of whether new uses and export of natural gas would significantly diminish these reserves.
Here is the impact of major new uses.
If the U.S.:
- Converts 50% of its coal power plants to NG it will use an additional 5.3 Tcf
- Exports LNG from all proposed 19 terminals it will use an additional 10.4 Tcf
- Converts 100% of long haul trucks to NG it will use an additional 7.3 Tcf
Including these annual additional uses results in the U.S. having a 50+ year supply of natural gas.
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