WASHINGTON — Just how much natural gas is trapped underground in the United States? The difficulty and uncertainty in predicting natural gas resources was underscored last week when the Energy Information Administration released a report containing sharply lower estimates. The agency estimated that there are 482 trillion cubic feet of shale gas in the United [...]
The U.S. Energy Information Administration has completed an initial assessment that suggests shale gas resources, which have recently provided a major boost to U.S. natural gas production, are also available in other world regions. EIA sponsored Advanced Resources International Inc., to assess 48 gas shale basins in 32 countries, containing almost 70 shale gas formations. [...]
The oil import numbers for June 2009 are in and they reflect no improvement in the percentage or amount of oil the United States in importing. Oil independence is critical as it is a threat to not only economic security, but also national security. The numbers are based on the latest figures from the U.S Department of [...]
