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Natural gas growth concentrated in Marcellus and Utica regions

Tuesday, February 6, 2018 by

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The United States Energy Information Administration projects production growth to be concentrated in the Marcellus and Utica shale regions and in the Permian region, according to the Farm and Dairy.

The EIA predicts increased supply from the Marcellus and Utica shales along with flat demand will trigger lower natural gas prices over the next 24 months. However, it also predicts consumption will increase during that time.

The low prices and plentiful supply are expected to spur increased use of natural gas for electric power generation.

Learn more: Farm and Dairy > Natural gas growth concentrated in Marcellus and Utica shale

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Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914.

Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.