The Economic Impact Energy production and extraction obviously have a powerful impact on local economies. For example, the Eagle Ford Shale Formation in southern Texas, after a $30 billion play development in 2013, was responsible for a $60 billion economic impact on south Texas and for 115,000 jobs, all by 2015. However, this benefit has come at a cost. As …
China is among the world’s largest consumers of natural gas. A new pipeline in Alaska could help the Last Frontier meet the asian country’s continually rising demand.
Natural gas is critical to the global energy market. We took a moment to explain how it works in terms that anybody can understand.
Industry forecasts suggest that demand for natural gas will only continue to rise in the coming decades. By 2040, it could become the world’s leading source of energy.
Natural gas is already our primary source of electricity — and it’s prepared to fuel our future, as it powers heating, transportation, industrial activities, and more.