American Gas - November 2013 - (Page 17)

fueling the future: A n u p dAt e d v i s i o n o f our energy future I w h a t a d i f f e r e n c e n 2001, the American Gas Foundation released a major study on the potential for market growth for natural gas titled Fueling the Future. As the study was being written, the prevailing narrative surrounding natural gas was focused on scarcity. The study gained attention largely because it went against these prevailing winds, boldly arguing the case for growing demand for natural gas- an argument then largely absent from the energy policy discussion. In just over a decade, the national energy landscape has been fundamentally altered by the new accessibility of domestic shale gas resources. As recently as 2008, the United States was expected to become a major importer of liquefied natural gas by 2015. Instead, technologies for producing natural gas from a d e c a d e m a k e s unconventional shale and tight sandstone formations have unlocked recoverable resources sufficient to last 100 years at current rates of consumption. The unconventional natural gas revolution has upended long-held notions of natural gas supply and cost. In light of this, the trustees retained the services of the global information company IHS CERA to produce an independent study, revisiting the question of how we can fuel our future with natural gas.of demand growth for today's energy landscape. While other recent studies have described the potential benefits of abundant domestic natural gas, this new study- which will be published in early 2014- will go further. Looking beyond conventional projections of demand, it considers technologies and potential markets that have been overlooked may 2013 AmericAn GAs 17 november 2013 AmericAn GAs 17

Table of Contents for the Digital Edition of American Gas - November 2013

American Gas - November 2013
President’s Message
Subject Index
Head Start: On Energy Education
By the Numbers
Need to Know
The Wheels on the Bus...
New Jersey
Long Island
Fueling the Future
U.S. Secretary of Energy Ernest Moniz
A Tight Ship
Expanding the Reach of the Gas Infrastructure
Company Profiles

American Gas - November 2013