The Importance of Natural Gas to the US Economy
Natural gas is playing an increasingly important role in the US economy. Use of natural gas in the United States is growing as it is increasingly seen as a good alternative to oil. As the oil reserves in many parts of the world are being depleted, the availability of a viable alternative such as natural gas is becoming increasingly important. For the United States, the potential for natural gas to replace the role of oil in the economy is particularly important because it is one of the most oil dependent countries in the world. Natural gas is an attractive alternative for the US because it has the ability to produce natural gas domestically. The US has particularly large reserves of shale gas, which it has only recently been possible to exploit due to improvements in the technology.
Increased exploitation of natural gas in the United States offers a means of reducing the country's dependence on oil and providing plenty of energy for use in people's homes and in industry. It will help the US economy to cope with the depletion of the world's oil reserves as peak oil production is reached and passed. It will also provide a secure source of energy that does not depend on sources of fossil fuels that lie abroad, often in unstable parts of the world such as the Middle East.
The increasing use of natural gas in the US is also important for the country's economy because it can be produced domestically. This means that the natural gas industry can help to produce new jobs in the US and to make a significant input into the US economy. There are more than 6300 natural gas producers in the US, ranging from small companies to major energy producers. The US has over 530 processing plants for natural gas. These plants produce nearly 15 trillion cubic feet of natural gas a year, which is distributed through the natural gas pipeline network, which includes more than 300,000 miles of piping across the entire country. The US natural gas pipelines have the capacity to transport more than 148 billion cubic feet of gas every day, moving it from the regions where it is produced to the places where it is used.
The natural gas sector in the United States is growing in importance and it is providing new opportunities for employment and technological advancement. The US has at least a hundred years worth of natural gas available for exploitation. The natural gas sector contributes approximately 4 million jobs and over 385 billion dollars to the US economy.
Natural gas provides the United States with a source of energy that will be able to provide a replacement for some of the power that is currently obtained from oil. Increasing use of natural gas in the US will help to reduce the country's dependence on oil. Natural gas in the United States is transported around the country and distributed to its users through a network of natural gas pipelines. More information about the natural gas pipelines that are used to transport natural gas can be found on the entregapipeline.com website.