How much natural gas reserves are there in the US?

There have been claims that the US has hundreds of years of natural gas reserves, unfortunately the facts say otherwise.

http://seekingalpha.com/article/164713-how-much-natural-gas-remains-in-the-usa

We're living on top of the Marcellus formation. Here's a picture and an article. I don't know if this was taken into consideration in your link.

marcellus_shale_map.gif


[ame="http://en.wikipedia.org/wiki/Marcellus_Formation"]Marcellus Formation - Wikipedia, the free encyclopedia@@AMEPARAM@@/wiki/File:MarcellusShaleBank1.jpg" class="image" title="Marcellus shale exposure above Marcellus, N.Y. The vertical joints create sheer cliff faces."><img alt="Marcellus shale exposure above Marcellus, N.Y. The vertical joints create sheer cliff faces." src="http://upload.wikimedia.org/wikipedia/commons/thumb/0/06/MarcellusShaleBank1.jpg/220px-MarcellusShaleBank1.jpg"@@AMEPARAM@@commons/thumb/0/06/MarcellusShaleBank1.jpg/220px-MarcellusShaleBank1.jpg[/ame]
 
Christie,

No.... his 'seeking alpha' blogger's data is outdated. The newer finds and expanded estimates of recoverable nat gas are not included. His seeking alpha points to data that suggests there is only 238 TCF of recoverable nat gas in the US. Marcellus alone has more than that and they are finding new reserves consistently right now. Which is why the price of nat gas has fallen so much over the past 2 years despite the recovery in oil and other commodities.
 
Tom.... I will try to find the study MIT put out... they projected about a 70-80 year supply based on current consumption.
 
Christie,

No.... his 'seeking alpha' blogger's data is outdated. The newer finds and expanded estimates of recoverable nat gas are not included. His seeking alpha points to data that suggests there is only 238 TCF of recoverable nat gas in the US. Marcellus alone has more than that and they are finding new reserves consistently right now. Which is why the price of nat gas has fallen so much over the past 2 years despite the recovery in oil and other commodities.

Here's another article. It's from 2009 but probably still has good data.

http://www.post-gazette.com/pg/09340/1018586-28.stm
 
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