Use of Natural Gas Massive discoveries of natural gas reserves in shale gas formations has meant that the prices in USA have gone down substantially and new power plants/ infrastructure¬†are being developed to use natural gas as fuel. Even as crude oil and coal prices have gone through the roof, natural gas prices have dived. […]

Natural Gas in USA is seeing massive investments and interest due to very large shale gas discoveries enabled by improvements in Gas Drilling and Extraction Technology.Billions of Dollars have been invested by domestic and international oil and gas companies.Plans are being made to Export Natural Gas from America as the price of Natural Gas in USA has now become considerably lower than other parts of the world.While prices of other Fossil Fuels like Oil and Coal are rising at steep rate,Natural Gas Prices have fallen even below the 2008 crisis levels and are now at around $3.5/mmbtu.With production increasing Natural Gas is increasingly looking to garner marketshare gains in the energy sector in the US.Countries around the world like India and China are also looking to tap shale gas deposits as Energy Scarcity increases around the globe.