The natural gas output in the U.S. rose to 66 billion cubic feet a day in 2011, up from 56 billion cubic feet a day in 2001, according to the U.S. Energy Information Administration.
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Beijing has about 100 cubic meters of water available per person, well below the U.N. standard of 1, 000 cubic meters per person, a threshold used to measure chronic water shortage.
Liveris is hopeful, but cautious, on the discovery of hundreds of trillions of cubic feet of natural gas in U.S. shale formations.
Some estimates put the recoverable amount in North America at 1, 000 trillion cubic feet, enough to supply U.S. natural-gas needs for the next 45 years.
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Mexico has enormous reserves of gas, probably as much as 63 trillion cubic feet (roughly three years of U.S. consumption).
Every day 280, 000 miles of pipelines shuttle 63 billion cubic feet of natural gas around the U.S. About a quarter of them are held as MLPs.
Oil companies are currently reinjecting 8 billion cubic feet a day 13% of U.S. demand to boost the production of oil in the North Slope of Alaska.
Natural gas production in the lower 48 states hit a record 71.3 billion cubic feet a day in October, the U.S. Department of Energy said this week.
The research showed a possible geological similarity between offshore Crete and the Levantine Basin, located between Israel and Cyprus, which was recently found to offer a way into an estimated 10 trillion cubic meters of gas, according to a U.S. Geological Survey.
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U.S. LNG imports from Trinidad and Tobago fell to 112 billion cubic feet in 2012, a quarter of what they were in 2007, according to the U.S. Energy Information Administration.
According to the U.S. Energy Information Administration, the Latin American nation houses more than 770 trillion cubic feet of recoverable shale gas, the third largest in the world behind China and the U.S., that report indicated.
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Oil companies are currently reinjecting 8 billion cubic feet a day--13% of U.S. demand--to boost the production of oil in the North Slope of Alaska.
The U.S. Energy Information Administration estimates that China's shale formations hold 1, 275 trillion cubic feet of gas that can be extracted using current drilling technology, or more than the recoverable reserves in the U.S. and Canada combined.
This includes the resurgence of U.S. liquid production in recent years (5.5 million barrels of oil per day and trending upward), as well as conventional gas production's six-fold increase over the last two decades (to approximately 32 billion standard cubic feet of gas per day in 2010, nearly equaling U.S. liquid production).
There's the slick salesman who needs billions of dollars in capital and technical know-how from the outside in order to exploit a quadrillion cubic feet of proven natural gas reserves (50 years' U.S. consumption) and 300, 000 miles of pipeline crisscrossing Russia from the Baltic border east to Tomsk in Siberia and from Uzbekistan north toward the Arctic Circle.
Substitute enough new plants for old, and U.S. gas consumption, currently 62 billion cubic feet a day, could drop by as much as 1 billion cubic feet a day.
If all the proposed LNG projects get done it would give the U.S. the ability to export 20 billion cubic feet of gas per day, or about a third of current supplies.
The Marcellus Shale formation alone, spreading from New York to West Virginia, is believed to contain at least 700 trillion cubic feet of economically accessible gas, a 30-year supply at U.S. rates of consumption.
Each year U.S. electric utilities waste tens of billions of cubic feet of natural gas on "spinning reserves, " for example, generators that are running below top efficiency so they can supply electricity on a moment's notice.
Adoption of these techniques has boosted the U.S. proven natural gas reserves by about a trillion cubic meters to around 7 trillion cubic meters.
With 78 billion barrels of proved oil reserves (to the U.S.' 22 billion) and uncounted trillions of cubic feet of natural gas, Venezuela has the largest hydrocarbon deposits in the Western Hemisphere.
With 78 billion barrels of proved oil reserves (the U.S. has 22 billion) and many trillions of cubic feet of natural gas, Venezuela has the largest hydrocarbon deposits in the Western Hemisphere.
Technically recoverable shale gas potential in Australia was put by the EIA at 390 trillion cubic feet of gas, about 45% of the 862tcf estimated for the U.S., but roughly double the estimate for France and Poland and 9-times the estimate for Ukraine which recently attracted an investment by Royal Dutch Shell.
But China likely has even more shale gas potential than the U.S., with the U.S. Energy Information Administration figuring on 1, 250 trillion cubic feet of recoverable shale gas in China.
To put this in perspective, the U.S. Department of Energy estimates that the country has 187 trillion cubic ft of natural gas reserves.
Gas prices spiked on short supply, and Sempra, struggling to keep U.S. power plants supplied with gas, cut off its 75 million cubic feet a day of gas deliveries to Rosarito.
The U.S. Energy Information Administration estimates that the United States has approximately 318 trillion cubic feet of extraction-ready natural gas reserves.
In 2002, the U.S. Geological Service pegged technically recoverable Marcellus shale reserves at 1.9 trillion cubic feet.
Recent discoveries of abundant natural gas in North Dakota, Texas, Wyoming, Colorado and other states have boosted U.S. gas reserves and their production for commercial use to 2.53 trillion cubic feet, according to the Energy Information Administration.
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