Natural Gas Executives See "Century of Supply" in US Shale

Natural Gas Executives See "Century of Supply" in US Shale

By Ernest ScheyderWASHINGTON (Reuters) - Natural gas production in the US shale fields could continue to grow for decades, giving Washington a powerful tool ...

By Ernest ScheyderWASHINGTON (Reuters) - Natural gas production in US shale fields could continue to grow for decades, giving Washington a powerful diplomatic tool to circumvent the geopolitical influence of other major energy exporters like Russia, executives said. from industry and government officials at a conference.The United States, which is already the world's largest gas producer, could expand shale production by another 60 percent in the coming decades, according to at least one estimate.To date, liquefied natural gas (LNG) has been spared retaliatory charges in intensifying President Donald Trump's trade conflicts with China and other countries."We see a century of natural gas supply in the US shale," said Ryan Lance, chief executive of shale producer ConocoPhillips, this week at the triennial World Gas conference in Washington."The abundance of the shale is real and not going anywhere."The US currently produces about 72 billion cubic feet (bpc) of n...


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