For years natural gas lobbyists have complained about the high costs of renewable energy. They hypocritically cite a 100-year supply estimate of technically recoverable natural gas in their arguments that completely ignores the costs of actually extracting the natural gas......
Mean Resource Case; 2007 Cost Index –
Natural Gas Volume Economic at Given Wellhead Price – Trillion Cubic Feet (TCF)
Source: Adapted from MIT (2011) Table 2C.7
The oil and gas industry claims that the only way to address our country’s numerous energy issues is to open more public lands and waters to oil and natural gas drilling. What they don’t tell you is that drilling in America is already occurring at an astonishing pace and in a bewildering number of places. The facts below show that “more drilling” won’t solve America’s energy problems.
Although industry often claims that states are doing a sufficient job regulating the disclosure of the chemicals used in hydraulic fracturing, this survey of state regulations shows that only one state has full public disclosure and three other states have mediocre policies.
As natural gas becomes increasingly important to America's energy mix, it's critical that major environmental and safety concerns be addressed through policies and regulations. This Science and Policy Brief adresses the issue and makes recommendations about moving forward with natural gas.
