Yoshua wrote:Art Berman's latest article has a graph that shows US conventional nat gas declining by 3.2 bcf/d annually. With that decline rate the conventional nat gas production will fall to zero by 2025 and the US will then be entirely dependent on shale gas.
Yoshua wrote:Art Berman believes that shale gas will peak and start to decline within the coming years, if true then the US is heading for the rocks. The Financial Crisis of 2008 might just have been a warning of what is about to come.
Yoshua wrote:There, some doom porn. Peak gas is after all just fake news.
U.S. dry natural gas production is forecast to average 73.3 billion cubic feet per day (Bcf/d) in 2017, a 1.0 Bcf/d increase from the 2016 level. This forecast increase would reverse a 2016 production decline, which was the first annual decline since 2005. Natural gas production in 2018 is forecast to be 3.3 Bcf/d above the 2017 level.
U.S. dry natural gas production is forecast to average 73.7 billion cubic feet per day (Bcf/d) in 2017, a 1.4 Bcf/d increase from the 2016 level. This increase reverses a 2016 production decline, the first annual decline since 2005. Natural gas production in 2018 is forecast to rise by an average of 4.1 Bcf/d from the 2017 level.
U.S. dry natural gas production is forecast to average 74.1 billion cubic feet per day (Bcf/d) in 2017, a 1.8 Bcf/d increase from the 2016 level. This increase reverses a 2016 production decline, which was the first annual decline since 2005. Natural gas production in 2018 is forecast to be 3.2 Bcf/d more than the 2017 level.
pstarr wrote:then would someone please tell me why our constant drumbeat against Russia. The election meddling story completely dominates MSNBC and CNN. I am not even convinced it's real. FOX is no better, at best they ignore the whole damn thing.
What is the US's problem with Russia? Europe desperately needs Russian petroleum. Are we trying to start WWIII. Or just being @jerks?
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