This group brings together those who are interested in topics around oil and gas exploration, drilling, refining, and processing.

Paul Korzeniowski's picture
B2B Content producer, Self-employed

Paul is a seasoned (basically old) freelance B2B content producer. Through the years, he has written more than 10,000 items (blogs, news stories, white papers, case studies, press releases and...

  • Member since 2011
  • 1,515 items added with 523,871 views
  • Sep 22, 2020
  • 1327 views

In 2019, U.S. production of dry natural gas increased to almost 34 trillion cubic feet (Tcf) and consumption increased to 31 Tcf—both records, according to the US Energy Information Administration (EIA). Fracking has opened up the US market.  Since 2017 production of dry natural gas has exceeded consumption so the US is not only a natural gas consumer but also a major exporter. What do you think the future holds for natural gas production and consumption?

Discussions
Bob Meinetz's picture
Bob Meinetz on Sep 22, 2020

Paul, since you asked: what the future holds for natural gas production and consumption depends on what value humanity assigns to protecting the environment as a shared resource, vs. personal gain or convenience.

It's not hyperbole to note the combustion of fossil fuels is destroying our natural world; that already, humans have introduced lasting changes (>100,000 years) to the habitats of every extant species:

"• Tens to hundreds of times: the extent to which the current rate of global species extinction is higher compared to average over the last 10 million years, and the rate is accelerating

• Up to 1 million: species threatened with extinction, many within decades

• >500,000 (+/-9%): share of the world’s estimated 5.9 million terrestrial species with insufficient habitat for long term survival without habitat restoration

• >40%: amphibian species threatened with extinction

• Almost 33%: reef forming corals, sharks and shark relatives, and >33% marine mammals threatened with extinction

• 25%: average proportion of species threatened with extinction across terrestrial, freshwater and marine vertebrate, invertebrate and plant groups that have been studied in sufficient detail."

In summary, no one knows what the future holds for extraction (none are being "produced") and consumption of methane, aka "natural gas", of oil, of coal, of any fossil fuel. It's my belief that in 2020, extracting any of it is the height of arrogance, of greed, of irresponsibility. Leave it in the ground - all of it.

Paul Korzeniowski's picture
Thank Paul for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member

Get Published - Build a Following

The Energy Central Power Industry Network® is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »