Demand Up, Supply Up, Shale Revolution Rapidly Advancing

The great shale revolution is rapidly advancing across the fields of fractivist and NIMBY opposition as natural gas demand increases along with production.

Yesterday’s Today In Energy from the EIA was a window on the rapid progress of the shale revolution, which itself is part of a much broader creative revolution. The reactionary forces of privileged old wealth who operate from the headquarters of elitist foundations can do nothing to stop it. Common sense combined with technology is taking the world forward despite them. Natural gas is the future. Demand and supply are both up despite the best efforts of big money to thwart the revolution.

The post, authored by Nicholas Skarzynski, tells the story and it’s a big one. Take not of this, for example (emphasis added):

In the first half of 2018, U.S. natural gas supply and demand grew significantly compared to the first half of 2017. According to EIA’s  Natural Gas Monthly, natural gas consumption and exports averaged 93.4 billion cubic feet per day (Bcf/d) during the first half of 2018, or  12% greater than during the first half of 2017.

Read more:

https://naturalgasnow.org/demand-supply-shale-revolution-rapidly-advancing/

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