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In the US, the New Look of Gas Exploration

22 October 2009

This is the VOA Special English Economics Report.

Many people think the search for cleaner energy leads only to renewable resources like sun, wind and water. But it also leads to a fossil fuel. Natural gas is considered the cleanest of the fossil fuels, the fuels created by plant and animal remains over millions of years.

Burning it releases fewer pollutants than oil or coal. The gas is mainly methane. It produces half the carbon dioxide of other fossil fuels. So it may help cut the production of carbon gases linked to climate change.

Drilling beneath the Bakken shale formation in North Dakota
Drilling beneath the Bakken shale formation in North Dakota
Russia is first in what are called "proved reserves" of natural gas. The United States is sixth. Over the years, big oil and gas companies recovered much of the easily reached supplies of gas in America. They drilled straight down into formations where gas collects. As these supplies were used up, big drillers looked for similar formations in other countries.

But now the industry is taking a new look. Companies are developing gas supplies trapped in shale rock two to three thousand meters underground. They drill down to the shale, then go sideways and inject high-pressure water, sand or other material into the rock.

This causes the rock to break, or fracture, releasing the gas. Huge fields of gas shale are believed to lie under the Appalachian Mountains, Michigan and the south-central states.

Gas shale exploration is being done mainly by small to medium sized companies.

Eric Potter is a program director in the Bureau of Economic Geology at the University of Texas at Austin.

ERIC POTTER: "The types of opportunities that are left for natural gas exploration in the U.S. have changed. So it's a different class of resource -- not as easy to develop, and not even recognized as something worth pursuing, say, twenty years ago."

He says more than half the gas in the United States is now coming from these new reserves.

But hydraulic fracturing can also produce debate and anger over the risk of groundwater pollution. This method of drilling is not federally supervised under the Safe Drinking Water Act. Some in Congress want to end that exemption from the law.

Natural gas provides Americans with about one-fourth of their energy. And, unlike oil, most of it is produced in America. Gas producers invested heavily in reaching new supplies when prices were high. But prices are down sharply now because the recession cut demand for energy. So energy expert Eric Potter says it is too early to know how the new gas shale reserves will affect the market.

And that's the VOA Special English Economics Report, written by Mario Ritter. I'm Steve Ember.



Comments:

1. The importance of natural gaa

The natural gas is vital important for replacing the fuel. It will be used to decrease the carbon dioxide that impacts mostly on the environment. I also thank for the companies and experts that try their best efford to find it, but it should be considered the way to get it. It also effect to hydrodic system.
Submitted by: Sophorn KRAY (Cambodia)
11-20-2009 - 06:52:54

2. what is your wish in fuel but my hope for my country

your business is very good but me /
Submitted by: Phon Sophat (Cambodia)
11-10-2009 - 08:47:46

3. Gas energy

Gas energy is the source of energy that can the world use it in the future.it is the clean and less effect of pollution.recently the price is too low for Gas natural that well not encourage the companies explore in this source of energy. good subject. thank you VOA special English.
Submitted by: waleed (yemen)
10-31-2009 - 07:55:10

4. Thanks for your programm

I am in Isfahan of Iran and I learn more and this very useful.
Submitted by: Masih (IRAN)
10-29-2009 - 19:49:27

5. New Energy Resources and New Rich Countries

The more natural gas resources was found the more new rich countries will be appeared. On the other hand we souldn't forget the countries that provide the transition of natural gas like TÜRKİYE. New energy resources can be give a new chance or importance to get strong among the countries.
Submitted by: Mehmet ARIÖZ (TÜRKİYE)
10-28-2009 - 19:41:34

6. English

Thank you. I really like it.
Submitted by: Annette (ROC,Taiwan)
10-28-2009 - 17:09:02

7. thanks

Thank you for these news. that's very good best
Submitted by: Majid Vaghari (Iran)
10-28-2009 - 11:22:41

8. My comment on the gas exploration

There is a growing demand for new energy sources replacing oil and coal. For example solar energy and wind energy are drawing attention among not only the general public but the energy companies. Without using various kinds of energy sources industrial activity and our life can not be carried out smoothly every day. However according to the specialists oil reserves and coal reserves which are stocked in the underground are on the verge of extinction. Therefore new energy sources such as natural gas is becoming popular these days. However it seems to me that we can not expect stable supply of natural gas with stable price for a long time. Exploration of natural gas costs too much and produces high risks. Therefore it does not bring about great benefits not only for many companies engaged in the project but for the general public who wants new alternative energy seriously.
Submitted by: Jyouji Hamano (Japan)
10-27-2009 - 07:18:01

9. thanks

Thank you! I can listen it clearly here.
Submitted by: Nguyen Van Ry (vietnam)
10-26-2009 - 10:13:47

10. other way

the human need to create other way of energy
Submitted by: edgar rafael arias (colombia)
10-24-2009 - 05:14:18

11. Iwant my dream

Iwant to acheve my dream is Education in Amrica Supplemented High School I want Log in University but my Dharov is Difficult all my drame Iwant to be president in my country want to Travel Amrica by Achieving all my dreams but mybe no boody Hear my
Submitted by: rooza (africa)
10-23-2009 - 23:28:50

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