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Global Shale Gas Resources Revolutionize the Energy Industry, Business and Industry Trends Analysis

Natural gas supplies a significant portion of America’s energy needs by heating buildings, running factories and providing energy to power plants that generate electricity.

Environmental concerns about burning coal to generate electricity, even when using the latest emissions reduction technologies, have made it difficult to gain a license for the construction of new coal-fired power plants. Natural gas, on the other hand, burns in a considerably cleaner manner that is favored by regulators. A reliable and reasonably priced supply of natural gas is absolutely vital to the U.S. economy, as well as the economies of many of the world’s nations. Heavy industry relies on natural gas both as a fuel for burners and as raw material in the manufacture of fertilizers, plastics and many other items. To a small but growing extent, natural gas is also used as a fuel for fleets of commercial trucks, cars and buses.

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