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Permalink Reply by Tim Tarr on February 26, 2015 at 10:20am

Just another example of "State owned" resources. Ukraine has lot's of potential reserves problem is, like most of the world they are owned by the State.
In the U.S. almost all of the production and drilling is on private lands. Look at what the Wolf just did with State lands. Than he wants to place an additional tax on that private land production.

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Permalink Reply by Barb Smith on February 27, 2015 at 4:20am

Russia 1688 Trillion Cubic feet of reserves

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Permalink Reply by Charles Randolph on February 26, 2015 at 6:19pm

Argentina has potentially large shale plays in the early stages of development in their Neuquén Basin. However, the country has serious corruption, inflation, and currency problems.

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Permalink Reply by Tim Tarr on February 26, 2015 at 6:41pm

Not to mention a history of Government confiscation of private assets.

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Permalink Reply by Charles Randolph on February 26, 2015 at 6:52pm

Just makes foreign energy companies so very anxious to invest there, eh Tim? ;-)

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Permalink Reply by Tim Tarr on February 26, 2015 at 6:57pm

LOL

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Permalink Reply by Janice L. Hancharick on February 27, 2015 at 3:45am

There are shale play opportunities literally throughout the world.  What gives us the edge is that most are in  unstable, or under-developed, or extreme weather locations.  With the technology jump we have, an educated workforce, plus an ever-growing infrastructure of "the latest" ... whatever is needed.  Our abundance can be overshadowed if the game of "catch-up" is won by another country, and we surely will be matched some day.

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Permalink Reply by Frank Walker on February 27, 2015 at 7:39am

Question from OP:  

"Does anyone know another country that has an abundance of natural gas?"

Answer:  Canada

Reference:  Canadian natural gas

My guesstimation is that Canadian natural gas resources have not, at this time, all been discovered.

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Permalink Reply by Janice L. Hancharick on February 27, 2015 at 8:15am

Many of our O&G resources are known within the industry but not being developed because more technology is needed, so why advertise them?  For sure technological increases will find additional plays, and even more uses for our nat gas.

Old time drillers along the PA/ NY border spoke of our "deep" resources over 50 yrs. ago as they watched the big players move on to OK and TX and beyond.  They said back then that when technology catches up companies will return.

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