This companion piece to the Huge Unconventional Gas Finds likely to change US Gas Markets was commissioned by Oxford Analytica and published in the end of 2009.
SUBJECT: The impact of huge new US and Canadian unconventional gas developments on North American and global energy industries.
SIGNIFICANCE: Reliable private and government estimates suggest that proven US gas reserves from conventional and unconventional sources are likely to rise from just over 200 trillion cubic feet (Tcf) to well in excess of 1,700 Tcf (surpassing current Russian reserves) due to unconventional gas developments. This is certain to have major industry implications, particularly on proposed North American gas pipeline projects from the Arctic and the outlook for the global liquefied natural gas (LNG) industry. Read the rest of this entry »